Solana Financial News

Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin, extended their losses on Tuesday as concerns over U.S. economic growth intensified. Investors worried that escalating trade tensions could slow down the U.S. economy and push it into recession. Market sentiment weakened further after former U.S. President Donald Trump, in a Fox News interview, spoke about a «period of transition» but avoided predicting whether his tariff policies could lead to a recession. His comments added to investor uncertainty, triggering declines across cryptocurrencies, stocks, and the U.S. dollar, while Treasury yields also fell.

Bitcoin and major cryptocurrencies extended their gains on Monday as investor sentiment remained bullish despite looming US tariff concerns and key economic data releases later this week. As of 11:26 am IST, Bitcoin was up 3.2% at $86,590, while Ethereum gained 2.3% to trade at $2,047. The global crypto market cap rose 2.94% over the past 24 hours, reaching $2.84 trillion.

Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin, declined on Monday as concerns over the U.S. economy and global trade tensions weighed on investor sentiment. A run of soft U.S. economic data continued on Friday after monthly figures showed the labour market created fewer jobs than expected last month, in the first payrolls report capturing former U.S. President Donald Trump’s policies.

As of 10:39 AM IST, Bitcoin was up 6% at $92,168, while Ethereum surged 5.5% to $2,294. The global crypto market cap gained 5% to $3 trillion in the past 24 hours. Altcoins also saw gains, with Cardano rising 3.3%, Solana up 4.7%, Dogecoin jumping 8%, and XRP gaining 3%.

Peter Schiff, Chief Economist and Global Strategist at Euro Pacific Capital, has accused U.S. President Donald Trump of orchestrating a massive “pump and dump” scheme involving cryptocurrencies. Schiff is now calling for a Congressional investigation into the matter, alleging that Trump’s recent statements on digital assets led to significant market manipulation. In a strongly worded post on X (formerly Twitter), Schiff claimed that Trump, whom he labeled as the “first crypto President,” played a role in what he described as the “biggest crypto rug pull of all time.”

Jim Rogers has issued a stark warning about Bitcoin, calling it a bubble that will eventually collapse. In an interview with ET Now, Rogers expressed skepticism about the cryptocurrency's long-term viability. «It is going to hurt a lot of people. I hope I am not one of them. I hope you are not one of them. I do not see any reality to the movement. In my view, it is a bubble, and it will blow up someday,» Rogers said, cautioning investors about the risks involved.

Ethereum, XRP, and Solana, tumbled on Tuesday amid concerns over U.S. investment restrictions on China. As of 1:04 PM IST, Bitcoin fell 5.4% to $89,626. Ethereum dropped 7.7% to $2,498. The global crypto market cap declined 4.7% to $2.98 trillion in the past 24 hours.

Bitcoin and major altcoins traded lower on Monday, February 24, as the market faced pressure from a major crypto hack and technical resistance levels. As of 12:07 PM IST, Bitcoin slipped 0.6% to $95,708, while Ethereum declined 2.5% to $2,725. The global crypto market cap dropped 1.5% to $3.14 trillion in the past 24 hours.

Franklin Templeton Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund, the firm said on Thursday, as asset managers hope to cash in on the crypto wave amid Donald Trump's victory in U.S. presidential elections. Trump embraced digital assets during his campaign, promising to make the U.S. the «crypto capital of the planet» and to accumulate a national stockpile of bitcoin.

Bitcoin (BTC), the world's largest cryptocurrency by market value, fell below the $100,000 mark on Monday, January 27, as traders booked profits following a recent rally. The drop comes shortly after former U.S. President Donald Trump highlighted the digital-assets industry as a crucial driver of innovation in an executive order. As of 12:09 AM IST, Bitcoin had declined 5.4% to $99,359. Smaller tokens such as Solana, Dogecoin, Sui, and Cardano, which have surged in recent weeks, experienced even sharper declines.

crypto market displayed bullish momentum today, with Bitcoin (BTC) crossing $95,000 after briefly dipping to $92,000. Other major tokens, including Stellar, XRP, and Solana, surged by as much as 21% in the past 24 hours. As of 11:07 am IST, Bitcoin was trading at $95,560, up 2%, with an intraday high of $95,824. Ethereum was also up 1.9%, trading at $3,409.

Bitcoin was trading with a negative bias on Friday amid selling pressure near the resistance of $1,00,000. AT 1:15 am, it was trading at $95,343.50, higher by 2.51%. Most major altcoins were trading with a negative bias around this time including Ethereum (ETH), Tether, XRP, BNB, Solana, Dogecoin, Cardano, Tron, Shiba Inu, Toncoin and Avalanche. They were lower by up to 4% around this time. The weakness in crypto assets has been on account of the hawkish Federal Reserve commentary which has hinted at a shallower rate cut in 2025. In its December monetary policy announcements, the Central Bank said that its 2% inflation target was unlikely to be achieved in the coming year.

Bitcoin prices fell sharply from a record high of $103,583, dipping below $94,000 before rebounding to $97,000 on Friday, just a day after reaching historic levels. The cryptocurrency's market capitalization also dropped below $2 trillion, a level it had briefly surpassed on Thursday. As of 11:30 PM, Bitcoin was down 4.5%, trading at $97,924, while Ethereum rose 1.2%, reaching $3,893.

Bitcoin (BTC) traded flat on Monday around the $98,200 mark. On Friday, the cryptocurrency reached a record high of $99,830, fuelled by expectations of a more crypto-friendly regulatory environment under former President Donald Trump. At 11:01 AM IST, Bitcoin was up 0.05% at $98,270, with analysts speculating that the $100,000 milestone could soon be reached.

Donald Trump's historic US presidential election victory and the Federal Reserve's 25 basis point interest rate cut. The largest cryptocurrency by market value reached $76,943 in early trade on Friday, surpassing its previous high of $76,460. As of 11:46 am IST, Bitcoin was trading 1.9% higher at $76,043, while Ethereum rose 3.5% to $2,922.

Major tokens, including Bitcoin, Ethereum, BNB, Solana, and Toncoin, recorded declines of up to 6%, while others such as XRP, Dogecoin, Shiba Inu, Polkadot, and NEAR Protocol saw gains of up to 10%.

Bitcoin and crypto. With a cool 7% gain, Bitcoin has re-entered the $60,000 territory and looks to consolidate above this range for further gains. Buoyed by recent interest rate cuts as well as the upcoming elections in the US, crypto is well-positioned to rake in more in October. However, geopolitical factors can add in short term volatility as tensions in the Middle East escalate. The good news is that any additional pain will be short-lived as the Oct.-Dec. quarter is usually exceptional for the asset class. In this article, we will explore some emerging narratives and identify potential crypto gems that could yield good returns in the coming months. Remember, the crypto market is inherently volatile, and it's crucial to conduct your own research and understand the risks associated with each investment.

Cryptocurrency markets edged higher on Friday, supported by expectations of a Federal Reserve interest rate cut next month, while traders awaited the U.S. Producer Price Index (PPI) report for more direction. Data on Thursday showed that U.S. consumer prices rose slightly more than expected in September, while jobless claims increased to 258,000 in the week ended October 5, versus estimates of 230,000. All eyes are now on the PPI data due at 6:00 pm IST.

Federal Reserve Chair Jerome Powell's comments dampened expectations of significant interest rate cuts. Bitcoin fell below the $64,000 mark, while Solana, XRP, and Dogecoin also experienced declines. Fed Chair Powell indicated on Monday the U.S. central bank would likely stick to quarter-percentage-point cuts henceforth after new data boosted confidence in economic growth and consumer spending.

Bitcoin and Ethereum declined on Friday as investors awaited a crucial US jobs report that could influence the Federal Reserve’s decision on interest rate cuts. As of 12:38 pm IST, Bitcoin was down 1% at $56,413, while Ethereum fell 1.2% to $2,377. Other cryptocurrencies also experienced losses: Solana was down 1.7%, XRP by 1.6%, Chainlink by 2%, Polkadot by 0.3%, Litecoin by 1.7%, and NEAR Protocol led with a 3.6% drop.

Bitcoin (BTC), Ethereum (ETH), and Solana. The global cryptocurrency market cap decreased by 1.8%, settling around $2.2 trillion over the past 24 hours. As of 12:45 pm IST, Bitcoin was down 1.4%, trading at $62,862, while Ethereum fell 2% to $2,686.