Taking its cue from the U.S. stock market crash on Tuesday, Bitcoin, and most of the crypto market have headed lower once again. However, two cryptocurrencies are standing firm thus far. Will Solana (SOL) and Render (RENDER) be the first to start new uptrends?
Bitcoin takes a knock, but dominance is ebbing
Bitcoin (BTC) has taken another knock on Wednesday, as it follows the recent downward movement in the U.S. stock market. Currently holding above $56,000, there is the chance that the Alpha cryptocurrency could even drop down to $51,000, depending on how the stock market opens later today.
Source: TradingView
The rest of the crypto market has generally followed suit, although Bitcoin dominance has perhaps made a top now at 57.7%, and is perhaps starting to roll over.
Breakpoint rally about to start?
Source: TradingView
The $SOL price has been going sideways and downwards since mid-March. There was an attempt to get back to the local high of $209 at the end of July, and
We współpracy z: https://cryptodaily.co.uk/2024/09/solana-sol-and-render-render-hold-strong-while-crypto-crashes
