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A top TRUMP whale dumps 309K tokens at a $14M loss as Solana memecoins crash and trade war fears trigger broader selloffs.
Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.
SOL fell below $100 for the first time since February 2024 and is now ranked 7th in market cap with a $52.17 billion valuation.
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations.
Solana (SOL) fell sharply in the past 24 hours, dipping below the psychological $100 threshold as broader market uncertainty triggered heavy sell pressure. According to CryptoSlate data, SOL slid more than 15% during the reporting window, briefly touching $96 before recovering to around $101 at press time.
Assessing altcoins' next move amid renewed Trump tariff fears and macro uncertainty.
Solana has fallen below $100 to a 14-month low after a 20% crash, with technical indicators suggesting potential recovery if it can reclaim key support levels.
Solana price is in a freefall today, April 7, after crashing by 18% to drop below $100 for the first time since February 2024. SOL has posted an over 60% decline since mid-January, with traders now concerned about how much further Solana will drop and whether a sub-$90 dip is on the horizon.
“We expect crypto markets to dip once US markets open,” one trader said.
Solana's (SOL) price fell below the $100 mark today to trade at $97 after noting a 20% crash over the last 24 hours.
A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence.The unknown user staked $0.05 Solana (SOL) in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X. Speaking to Cointelegraph, Vincent Liu, chief investment officer at Kronos Research, said the move was likely a symbolic sign of showing conviction in Solana's long-term ecosystem.
SOL's price action is only heading in one direction in the near term.
Solana started a fresh decline below the $112 support zone. SOL price is now consolidating and might struggle to stay above the $100 support zone.
Traders are scrambling to figure out if the sudden bitcoin price correction could escalate into a full-blown market crash
Satoshi street is facing a massive bloodbath with the crypto market crash as global markets react to Trump's tariff war. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) prices have plumetted 6-12% today with over $900 million in liquidations in the last 24 hours.
The global cryptocurrency market has taken a significant hit, with the total market cap dropping to $2.46 trillion, marking a 7.79% decrease in the last 24 hours. This downturn comes amid growing macroeconomic concerns, particularly rising interest rates, which have sparked fears of instability across financial markets.
A cascade of liquidations might suggest a market turning point, where a price reversal could be imminent due to an overreaction in market sentiment.
As the digital currency has surged in popularity and value, if you were lucky enough to purchase Solana (SOL) when it was still trading below $1, you have likely seen substantial gains. Early investors are now crypto whales, with a large influence on the market.
The crypto market just shed over 5% in value, with Bitcoin dipping below $80K and Ethereum sliding under $1,700. Solana is now trading at $107.
Cryptocurrency prices were mixed last week after President Donald Trump announced his reciprocal tariffs and Federal Reserve Chairman Jerome Powell warned about stagflation.
In a surprising turnaround from his recent bearish outlook, popular Bitcoin veteran Davinci Jeremie has issued a bold prediction for Solana (SOL), suggesting the crypto asset could experience a staggering twenty-fold price surge during the current market cycle.
Solana (SOL) has struggled to gain momentum over the past couple of weeks, and its price has failed to recover significantly.
PayPal has added Chainlink (LINK) and Solana (SOL) to its expanding lineup of supported cryptocurrencies, allowing U.S. users to buy, sell, hold, and transfer the tokens directly through PayPal and Venmo. This latest move highlights the payments giants deepening commitment to digital assets, following its initial rollout of crypto services in 2020.
