Latest Developments in Bitcoin and Altcoin Markets

As the price of Bitcoin was hovering above $70,500, it showed recovery from the March low. The price rose above $70,000 again due to ETF releases on exchanges, increasing risk appetite in altcoins. Solana (SOL) Markets When Bitcoin failed to hold the $71,000 level, the expected parabolic increases in altcoins did not materialize. The impact of ETF inflow and the US Department of Justice’s allegations against the KuCoin exchange emerged as major issues in the markets. SOL Coin rose above $190. The failure of macroeconomic data to have the expected negative impact on the markets and an optimistic end to the week suggest that March could end positively. SOL Coin Expectations Solana’s DApp volume has increased by 334% in the last 30 days and these gains are being maintained. It is expected that Solana’s rise will continue until the end of the month. The revived demand in derivative markets and […]

Latest Developments in Bitcoin and Altcoin Markets

As the price of Bitcoin was hovering above $70,500, it showed recovery from the March low. The price rose above $70,000 again due to ETF releases on exchanges, increasing risk appetite in altcoins.

Solana (SOL) Markets

When Bitcoin failed to hold the $71,000 level, the expected parabolic increases in altcoins did not materialize. The impact of ETF inflow and the US Department of Justice’s allegations against the KuCoin exchange emerged as major issues in the markets. SOL Coin rose above $190.

The failure of macroeconomic data to have the expected negative impact on the markets and an optimistic end to the week suggest that March could end positively.

SOL Coin Expectations

Solana’s DApp volume has increased by 334% in the last 30 days and these gains are being maintained. It is expected that Solana’s rise will continue until the end of the month.

The revived demand in derivative markets and the possibility of breaking the $195 resistance for SOL Coin are also included in the analyses. In the event of the positive scenario continuing, the levels of $205 and $220 are targeted, while in the opposite case, a drop to $138 could occur. Additionally, potential airdrops and new coins could increase demand for Solana.

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how to buy crypto?
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  • ethereumEthereum(ETH)
    $3,120.000.50%
  • tetherTether(USDT)
    $1.00-0.02%
  • binancecoinBNB(BNB)
    $580.58-0.11%
  • solanaSolana(SOL)
    $173.590.25%
  • usd-coinUSDC(USDC)
    $1.000.01%
  • staked-etherLido Staked Ether(STETH)
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  • rippleXRP(XRP)
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  • dogecoinDogecoin(DOGE)
    $0.154914-0.85%
  • the-open-networkToncoin(TON)
    $6.42-0.90%
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