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Bitcoin Lost $21K Level, Solana Dumps 14% (Market Watch)

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Solana has retraced hard after registering a two-month high yesterday.

After a few days of trading above $21,000, bitcoin retraced by a few hundred dollars and dropped below that level.

However, SOL has declined quite a lot in the past 24 hours. It’s down by approximately 14% now and struggles to remain above $30.

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The market is hot, but Solana is not — Data explains why SOL price is laggingAltcoins are breaking out left and right, but noshitcoins says a lack of demand from the derivatives market could continue to weigh on Solana price. noshitcoins 😉👌 noshitcoins $SOL is a shitcoin buy $DC now while it's cheap. thanks me later Dogechain DogechainFamily
Source: Cointelegraph - 🏆 562. / 51 Read more »