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Solana’s price fell to a 14-month low after a 20% crash, but with the RSI in the oversold zone and investor support intact, the altcoin may be poised for a recovery.
Bitcoin has dropped below the $75,000 mark, signaling a bearish phase. However, futures data and positive funding rates suggest market optimism persists despite the dip.
Bitcoin has faced a steep decline below $80,000, wiping out $25 billion in gains. The altcoin's recovery depends on holding key support and overcoming bearish market sentiment.
Altcoins may see major volatility this week with over $328 million worth of tokens set to be released in the market.
Quick Take Teucrium Investment Advisors LLC is launching a leveraged XRP ETF on Tuesday, which is the first XRP-based ETF in the U.S. market. Multiple U.S. issuers have filed for spot XRP ETFs, which are still being reviewed by the SEC. One analyst said the likelihood of spot XRP ETFs being approved this year has grown, but demand for such funds remains uncertain.
- 15:23Trump: Almost No Inflation, Calls on Powell to Lower Interest RatesPANews April 21, according to Jinshi, Trump stated that there is almost no inflation and called on Powell to lower interest rates. Economic growth may slow unless rates are reduced.
- 15:23Trader Eugene: Difficult for Bitcoin to Break Through $88,000 in Current Structural Bear MarketTrader Eugene posted on his personal channel that it is challenging for Bitcoin to break through $88,000 in the current structural bear market.
- 15:22An address holding 15 million USDT on the Tron chain has been frozenAccording to Whale Alert, an address holding 15 million USDT on the Tron chain has been frozen.