Cryptocurrencies Market Prices
Solana price slips as Canadian Sol Strategies files with US SEC to list on NASDAQ
Solana (SOL) price upside action stays subdued, leaving the smart contracts token vulnerable to downside risks. SOL is trading at $145 at the time of writing on Thursday, weighed down by elevated risks in the derivatives market.
Crypto Today: Bitcoin, Ethereum pare losses as XRP wobbles amid an unstable derivatives market
Price action in the broader cryptocurrency market remains subdued following the Federal Reserve (Fed) decision on Wednesday, which met expectations leaving interest rates unchanged in the range of 4.25% to 4.50%.
Three reasons why Pi Network could drop below $0.50
Pi Network (PI) is trading in the red around 1% at press time on Thursday, risking a potential drop below the $0.50 psychological level. As the bearish trend gains traction, there are three reasons why Pi Network could drop below $0.50 in June.
BTC/USD FORECAST POLL
Interested in weekly BTC/USD forecast? Our experts make weekly updates forecasting the next possible moves of the bitcoin-dollar pair. Here you can find the most recent forecast by our market experts:
Bitcoin: BTC could slump to $100K amid Trump-Musk tussle
Bitcoin (BTC) tumbled to a low of $101,095 on Friday amid volatility in the market. The effect of the tussle between United States (US) President Donald Trump and Tesla Chief Elon Musk negatively influenced the NASDAQ and Tesla's stock price on Thursday, although both are recovering on Friday.
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The volatility of cryptocurrencies prices
Cryptocurrency prices are highly volatile compared with the traditional currency pairs and assets in the Forex market due to fluctuations in the interest of the public and the absence of regulation.
These factors make the volatility of digital currencies constant, making the investment in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Solana (SOL) or Dogecoin (DOGE) a risky bet.
To begin trading in this volatile market, it is necessary to be well aware of the market prices of cryptocurrencies and which factors tend to move them. The cryptocurrency investor has to differentiate between Bitcoin and the wide variety of existing altcoins, paying attention to the latest news related to these digital currencies.