š¢ Latest News: $SOL Plummeted 5.4%, Pulling CoinDesk 20 Down!
The crypto market is turbulent again! Solana (SOL) recorded a decline of 5.4% in 24 hours, becoming the main cause of the weakening of CoinDesk 20.
Here are the key points:
š» SOL Dominates the Decline ā The weakening of SOL puts significant pressure on the index, indicating the market's sensitivity to major crypto assets.
š Affected Index ā CoinDesk 20, which tracks the top 20 cryptocurrencies, is also pushed down due to SOL's performance.
š” High Liquidity, Large Volatility ā Although SOL is considered a liquid asset, its price remains vulnerable to market fluctuations.
š Ongoing Monitoring ā Traders are cautious, is this a temporary correction or the beginning of a bearish trend?
(Source: CoinDesk)