- Bitcoin price drops with most of the top 10 cryptos in a market downturn position.
- Solana (SOL) survives with a 0.30% price increase.
Bitcoin (BTC) and a majority of the top 10 cryptos declined overnight amid the market’s slight bear position. Interestingly, Solana (SOL) managed to survive with a 0.30% price increase.
Seemingly, Solana’s stunning performance has pushed its visibility slightly, since even most of the crypto bulls couldn’t withstand the market’s downtrend pressure. It’s worth mentioning that SOL price could be preparing to form a strong bullish momentum if traders continue to buy more.
However, Bitcoin price moved upside-down to its previous $47,745 level before it garnered resistance support to form a new foothold. Traders managed to form a weak bullish momentum for BTC price to survive, but it faded within the two-hour Exponential Moving Average (EMA55). At press time, the BTC price is at $48,792.47 on CoinMarketCap ...