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COINTURK NEWS > Solana (SOL) > Crypto Market Starts the Week with a Decline: What is the Current Situation of Solana (SOL)?
Solana (SOL)

Crypto Market Starts the Week with a Decline: What is the Current Situation of Solana (SOL)?

In Brief

  • The cryptocurrency market started the new week with a decline. The leading cryptocurrency Bitcoin (BTC) approached the $26,000 levels in the early hours of the day, but started trading at around $25,800 with its recent price movements. Solana (SOL), which recorded a loss of over 1% in the last 24 hours, fell to $17.89 levels […]
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COINTURK NEWS 2 years ago
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The cryptocurrency market started the new week with a decline. The leading cryptocurrency Bitcoin (BTC) approached the $26,000 levels in the early hours of the day, but started trading at around $25,800 with its recent price movements. Solana (SOL), which recorded a loss of over 1% in the last 24 hours, fell to $17.89 levels yesterday evening.

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Crypto Market Starts the Week with a DeclineThe Current Situation of Solana (SOL)

Crypto Market Starts the Week with a Decline

The leading cryptocurrency Bitcoin (BTC) surpassed the $25,900 levels in the early hours of the day and approached the $26,000 levels significantly. However, after surpassing the $25,900 levels, BTC started to decline again and started trading at around $25,800 with its recent price movements.

The cryptocurrency market started the new week with a decline. Most of the altcoins in the cryptocurrency market have experienced various levels of value losses since morning.

Ethereum (ETH) started trading at $1,615 after its recent value losses. The total market value of the cryptocurrency ecosystem also dropped to $1.04 trillion according to CoinMarketCap (CMC) data.

The Current Situation of Solana (SOL)

As Bitcoin (BTC) failed to surpass the $26,000 levels and started to decline again, most altcoins in the cryptocurrency market also accelerated their value losses. Solana (SOL), which has experienced a downward momentum like most cryptocurrencies in recent months, has lost more than 7% in the last week and continued its downward price movements on the first day of the new week.

Solana (SOL), which recorded a value loss of over 1% in the last 24 hours and fell to $17.8 levels yesterday evening, started trading at around $18.3 with its recent price movements. Additionally, after the value losses recorded since last week, Solana’s (SOL) total market value also dropped from $8.3 billion to $7.5 billion according to CMC data.

Disclaimer: The information in this article does not constitute investment advice. Investors should be aware of the high volatility and therefore the risks associated with cryptocurrencies and should conduct their own research before making transactions.
You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 11 September, 2023 - 10:35 am 11 September, 2023 - 10:35 am
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