Solana-Based Memecoins Surge as SOL Jumps 38% From Monday’s Lows
Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
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Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.
A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
Bitcoin’s Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.
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XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens.
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.
China’s back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation’s flagging economy.