Solana drags the extreme volatility into the new week as losses return to $140.
Ethereum loses more ground following last week’s rejection from highs above $3,600.
Cryptocurrencies are back on the drawing board after starting the week while nursing. As reported, Bitcoin plunged from highs almost at $49,000 and tested support at $45,000. Ethereum is back to trading below $3,200 while Ripple is teetering below $1.
Solana is the most affected crypto asset in the top ten after posting double-digit losses. Cardano is down 8.8% to trade at $2.15, according to live price data by CoinGecko.
Solana:-
Solana has been highly volatile in the last couple of weeks. Initially, this Ethereum rival exploded to a new all-time high of around $215. However, a widespread crash in the market resulted in massive losses testing $150.
Subsequently, losses continued last week after Solana suffered a blockchain hitch causing it to stay offline for several hours. Volatility surged as dropped to test close to
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