USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MRU

MUR

MVR

MWK

MVR

MWK

MXN

MYR

MXN

MYR

MZN

NAD

MZN

NAD

NGN

NIO

NGN

NIO

NOK

NPR

NOK

NPR

NZD

OMR

NZD

OMR

PAB

PEN

PAB

PEN

PGK

PHP

PGK

PHP

PKR

PLN

PKR

PLN

PYG

QAR

PYG

QAR

RON

RSD

RON

RSD

RUB

RWF

RUB

RWF

SAR

SBD

SAR

SBD

SCR

SDG

SCR

SDG

SEK

SGD

SEK

SGD

SHP

SLL

SHP

SLL

SRD

SSP

SRD

SSP

STD

STN

STD

STN

SVC

SYP

SVC

SYP

SZL

THB

SZL

THB

TJS

TMT

TJS

TMT

TND

TOP

TND

TOP

TRY

TTD

TRY

TTD

TWD

TZS

TWD

TZS

UAH

UGX

UAH

UGX

UYU

UZS

UYU

UZS

VES

VND

VES

VND

VUV

WST

VUV

WST

ZAR

ZMW

ZAR

ZMW

ZWL

NewsBTC 2021-09-20 16:41:24

Solana Drops Close To 20%, Imminent Rebound Or Start Of Correction?

Solana has been caught in the crossfire as investors woke up to a bloody Monday due to hurdles in the Asian markets. The top cryptocurrencies by market cap are in the red recording moderate to heavy losses in the 24-hour chart. Solana Follows The General Sentiment In The Crypto Market At the time of writing, Solana (SOL) trades at $143,53 with a 10.9% loss in the daily chart. In the weekly chart, the cryptocurrency is amongst the worst performers on the crypto top 10 with a 17.9% loss. After Solana, Polkadot (DOT) is the closest to record similar losses for the weekly chart with 17.6%, followed by Cardano (ADA) with 17.1%, XRP with 16.5%, and Binance Coin (BNB) with an 11% over the same period. Bitcoin and Ethereum outperformed other cryptocurrencies on the weekly chart, with BTC recording only a 4.7% loss. Solana dropped during the weekend following a long period of profits and an-all time high north of the $200 mark. As it has happened in the past, investors seemed to favor BTC and ETH, the largest cryptocurrencies, in expectations of further downside in the macro-economic outlook due to the potential risk of default by Chinese real estate developer titan, Evergrande. Related Reading | Bitcoin Price Sinks 10% As Market Braces For Macro Storm Ahead As seen below, the China 5-year credit default swap has increased, according to data shared by ZeroHedge. This suggests that many investors are betting on the possible failure...

Related News

DOGE, PEPE & BUDZ: Dogecoin Investment Tips As PEP...
16 Apr 2024
Top Trader Diverts From Trading Polygon (MATIC) Du...
16 Apr 2024
Dogecoin Insider Notes: DOGE Prices Falls As New D...
16 Apr 2024
Bitcoin Price Analysis: BTC Price May Experience a...
16 Apr 2024
SHIB Community Burns Record 774M Tokens: How Will...
16 Apr 2024
Are The Top Meme Coins Going Back in Hibernation?
16 Apr 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

Solana Drops Close To 20%, Imminent Rebound Or Start Of Correction?

Most Read News

Related News