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Crypto

Solana Stock Price Drops Amid Cryptocurrency Market Pullback

Guavy AI Editorial Team
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BTC SOL
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Solana's stock price dropped to $104.93 on September 7th, representing a 0.88% decline from the previous day.

The cryptocurrency market experienced a pullback after strong US non-farm payrolls data triggered liquidations worth over $200 million. However, whales accumulated 6,765 BTC ($521M) during the pullback, indicating institutional confidence in Bitcoin's value.

BTC and Gold (LIST2110.US) correlation hit a pandemic-era high of 0.50, while Bhutan transferred $30.6M in BTC for treasury purposes.

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