Solana Leads Cryptocurrency Market Rebound Amid Middle East Concerns

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 79 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 53%

Finance ข่าว

Solana,Cryptocurrency Market,Rebound

The native cryptocurrency of the Solana network has led a rebound in the cryptocurrency market after major tokens dipped amid concerns over a wider conflict in the Middle East.

Solana gained over 6% in the past 24 hours and was changing hands for $154.34 at 4:25 a.m. ET. Bitcoin increased 2.56% and ether gained over 5% in the same period, according to The Block's Price Pages.

This was seen across the wider market. The total cryptocurrency market cap posted an increase of 4.0% in the last 24 hours, and is currently standing at $2.55 trillion, according to CoinGecko. The GM 30 Index, representing a selection of the top 30 cryptocurrencies, increased by 4.26% to 135.57 in the past 24 hours.

Sunday's QCP Capital report noted the recovery from Saturday's lows. "It is likely that bitcoin was used as a weekend proxy macro hedge and therefore bore the full brunt of the immediate risk-off reaction at the weekend. Bitcoin has since traded back above $64,000 and ether is above $3000," QCP Capital analysts said.As the reports of potential upcoming drone strikes came in on April 12, U.S. stocks closed lower at the end of trade, with the Nasdaq down 1.

On April 14, the United Nations issued a warning that the Middle East is "on the brink" of a potentially devastating all-out conflict — with Israel vowing to "exact a price" against Iran after Saturday's drone and missile attack. At the time, crypto prices also fell significantly. This morning, London’s FTSE 100 opened 41.56 points lower, down 0.5%, at 7,954. In Asia, the Hang Seng in Hong Kong, Japan's Nikkei and the Kospi in South Korea were all more than 1% lower in morning trading hours.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 464. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Solana trader more than doubles their investment overnight with BOMEMeme coin market sees renewed enthusiasm as Solana-based BOME leads the rally.
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »