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SOL price has lost support and closed multiple daily candles below the 200-day EMA for the first time since September 2023.
Ether fared worse than bitcoin in August — plunging 22.2% compared to an 8.6% decline for the latter.September could see further bearish movements for major cryptocurrencies if the month aligns with historical seasonal trends, according to QCP Capital analysts.
Phishing incidents emerged as the most damaging, accounting for approximately $293 million of the total losses.
The top ten meme coins have seen their prices decrease 40%-70% over the past 52 weeks. Since the beginning of this year, the PolitiFi subcategory has outperformed the broader meme coin category.
Bitcoin was at the center of this exodus, experiencing outflows totaling $319 million.
- 21:34US Dollar Index Declines on the 11thThe US Dollar Index fell by 0.47% on the 11th, closing at 98.631 in late trading on the foreign exchange market.
- 21:34All Three Major U.S. Stock Indexes Close Lower, Circle Surges Over 10%U.S. stocks closed on Wednesday with the Dow Jones slightly down, the S&P 500 falling 0.27%, and the Nasdaq Composite fluctuating by 0.5%. Nvidia (NVDA.O) slipped nearly 1%, Apple (AAPL.O) dropped 2%, while Circle (CRCL.K) surged 10.7%.
- 21:33UNI falls below $8Market data shows that UNI has fallen below $8, currently trading at $7.99, with a 24-hour decline of 3.03%. The market is experiencing significant volatility, so please manage your risks accordingly.