Over the weekend, Bitcoin value dropped from the excessive of $99,380 to $95,000 following the excessive profile ByBit hack of $1.5 billion that shook out the entire crypto neighborhood. The hack additionally considerably impacted ETH value as all stolen quantities have been in ETH, inflicting it to shrink from $2,840 to $2,621 inside hours on Friday.
Following the turmoil, Solana (SOL) value has dropped beneath $160, dipping as little as $158.1 on main crypto exchanges – down over 7% prior to now 24 hours.
Whereas different crypto property are downtrading forward of the weekly opening within the U.S. markets, SOL continues to be witnessing elevated promoting strain as a consequence of upcoming unlocks.
Coinciding SOL value, one of many largest DEX on Solana, Raydium’s RAY token has also dipped 30% today. Altcoins like HYPE, ENA, IP and GALA have additionally been among the many main losers prior to now 24 hours.
One of many largest gainers at present is S (Sonic), beforehand referred to as Fantom, which has surged over 8% at present, in addition to Theta Gas’s 11% and newly launched KAITO token’s 6% surge.
Trending Crypto In the present day
- SOL (Solana)
- RAY (Raydium)
- FORT (Forta)
- ETH (Ethereum)
- XRP (Ripple)
High Gainers In the present day
- TFUEL (Theta Gas): +11%
- S (Sonic): +8%
- KAITO (Kaito): +6%
High Losers In the present day
- EIGEN (EigenLayer): -15%
- RAY (Raydium): -28%
- ENA (Ethena): -13%
- HYPE (HyperLiquid): -12%
- IP (Story): -10%
As per Coinmarketcap data, the worldwide crypto market has dropped 1.22% at present to $3.14 trillion with a 24 hour buying and selling quantity of $85 billion.
Additionally Learn: Bybit Gets $1.25B in ETH Tokens to Recover from $1.4B Hack
