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Solana (SOL) Value Drops 16.43% In 24 Hours; Analyst Eyes Key Recovery Levels
You are here: Home / News / Solana (SOL) Value Drops 16.43% In 24 Hours; Analyst Eyes Key Recovery Levels Solana (SOL) is currently weathering the storm as its value has plummeted, mirroring the recent sharp decline in Bitcoin (BTC). This downturn in Bitcoin, which recently hit a new low of $49.2k, has sent shockwaves through the cryptocurrency market, creating an atmosphere of extreme fear. The resulting panic has caused significant losses for many altcoins, including SOL. Solana had been holding strong at a support level of $123. However, Bitcoin’s unexpected dip led to a breach of this crucial threshold,...
Did Hawk Tuah Crypto Debacle Eclipse Bitcoin's $100K Moment?
BTC's big milestone captured global headlines. So why were my friends more interested in Hawk Tuah coin? Updated Dec 6, 2024, 6:07 p.m. UTC Published Dec 6, 2024, 6:01 p.m. UTC One bitcoin is worth $100,000 — a milestone that has crypto OGs in a tizzy. Donald Trump is selling DOGE T-shirts. It's a frenetic time for crypto. But what are my non-crypto friends texting me about? "Hawk Tuah" coin. Yep, in a very unscientific sample size of the seven friends who texted me — unsolicited — about crypto this week, six essentially asked: "What's the deal with Hawk Tuah...
Stocks rebounded: What’s next?
Tuesday's trading session was mixed; stock prices bounced, but they closed well below the daily highs. The S&P 500 reached a local high of 5,312.34 but closed more than 70 points below that level, gaining 'just' 1.04%. Overnight, calming words from the Bank of Japan were released, and this morning, the S&P 500 is likely to open 1.0% higher in another attempt to retrace more of its recent sell-off. Before the current turmoil, investor sentiment had slightly improved last week, as indicated by the last Wednesday's AAII Investor Sentiment Survey, which showed that 44.9% of individual investors are bullish, while...
