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Solana drops 25% weekly as Bitcoin falls below $60K, testing key support amid low volume and macro pressures.

Market News
07 Jun 2026, 06:06 WIB
Tokenpost
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Bearish
Solana drops 25% weekly as Bitcoin falls below $60K, testing key support amid low volume and macro pressures.

Solana (SOL) fell sharply, down over 25% in a week, as Bitcoin dropped below $60,000, dragging altcoins lower amid macroeconomic pressures. SOL is at a critical support level, with traders watching for either a rebound or further decline, influenced heavily by Bitcoin's next move. Trading volume has decreased significantly, indicating cautious market sentiment. Regulatory uncertainty and potential FTX-related asset sales add to downside risks, while short-term traders hope for a technical bounce if Bitcoin stabilizes.

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