Bitcoin (BTC) Worth Bounce Places Solana (SOL) Bears at Danger

Various cryptocurrencies like XRP, Ether (ETH), SOL, Tron’s TRX, Dogecoin (DOGE) and are monitoring bitcoin increased, as they normally do. The altcoin bounce comes days after merchants offered these tokens, pricing in the potential for defunct alternate FTX securing approval from the chapter courtroom to promote property from its multi-billion greenback cryptocurrency holdings. SOL fell over 8% on Monday, main the decline in altcoins after a courtroom submitting confirmed FTX’s solana holdings at $1.6 billion.