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Showing posts with the label downturn

Bitcoin Faces Strong Chance Of $150K Rally Before Downturn, CEO Says

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Ethereum & Solana Crash Double Digits Today: Why Is ETH & SOL Falling?

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Leading altcoins Ethereum (ETH) and Solana (SOL) crashed by double digits on Tuesday. While Ethereum shed 13% of its value, Solana bled nearly 15% in the day’s trade. Both cryptocurrencies are experiencing a downturn and remain in the red zone for close to a month. Also Read: XRP Price Struggles Below $2.2—What’s Next for the Week Ahead? Source: Coingecko Solana is down 47% in the last 30 days while Ethereum dipped over 30% during the same time frame. Investors fear another dip could send the prices to new yearly lows and wipe out all gains it generated last year. SOL and ETH remain on a slippery slope with little to no price spurts since year-to-date. Also Read: Top 3 Cryptocurrencies To Buy During The Latest Market Crash Source: Coingecko Ethereum & Solana: Here’s Why ETH and SOL Are Dipping Today Source: Blockworks The crash in price comes after Bitcoin dropped 5% in the day’s trade falling below the $90,000 mark. BTC is now trading at the $89,000 level signifying t...