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Crypto

Solana Tumbles 3% Amid Macro Risk-Off Moves

Guavy AI Editorial Team
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BTC SOL
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Solana (SOL) dropped by 3% over the last day due to broad macro risk-off moves in the crypto market.

The total crypto market cap fell from $2.24 trillion to $2.21 trillion, a decline of about 1.7%, with altcoins down around 1.8%

Solana's price moved from $77.68 to $75.59, a drop of approximately 2.69%.

The macro news was risk-negative for crypto and other risk assets, including Bitcoin (BTC), which slipped to around $65,500 as West Texas Intermediate oil prices rose and US Treasury yields climbed.

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