The total market capitalization of the cryptocurrency markets reached $1.04 trillion, down 6.6 percent, according to CoinGecko data. Let’s take a look at the latest situation in the cryptocurrency market together. Let’s examine the price movements in Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). How many dollars in bitcoin? At what level is the Ethereum price? What is the latest situation in Solana?
Bitcoin (BTC) Latest Status
Bitcoin started the day with a 9.4% drop, according to CoinGecko data. The leading cryptocurrency of the market, Bitcoin, fell to the level of 20 thousand with the decline. The entire market was affected by this fall of Bitcoin, and double-digit decreases occurred in some cryptocurrencies. The fact that the CPI data announced in the USA yesterday was above the expectations caused a decline in the crypto money market. This drop caused Bitcoin to lose the levels it rose to in its last rally.
Bitcoin’s 4-hour chartIt is quite critical for Bitcoin where it is now. It is very important to hold onto $20,000 again. If we’re going to see a drop from here, the next stop could be the $18,000 region. If there will be a rise, the first stop of Bitcoin may be the band of 21-22 thousand dollars. Bitcoin is trading at $20,000 as of the time of writing.
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Ethereum (ETH) Latest Status
When we examine the price movement on the Ethereum (ETH) side, we see that ETH started the day with a 6.4 percent decrease according to CoinGecko data. After the US CPI data, which came yesterday, Ethereum went down to $ 1500 with the decrease in the market.
Ethereum’s 4-hour chartWhile the support zone is working in Ethereum, we can say that the next target is again the level of $ 1,700. If there is a decrease on the Ethereum side, we can say that our first stop is the $ 1,400 band. As of writing, Ethereum is trading at the $1,500 support level.
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Solana (LEFT) Latest Situation
Solana, the 9th most popular coin in the market, started the day with a decrease of 14.3 percent. Solana continues on its way between support and resistance in its area. The closest resistance to Solana’s price zone is the $34 zone, while the closest support zone is the $30 band.
Solana’s 4-hour chartSolana (SOL) is trading at $33 at the time of writing.
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