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Solana Leads Top 10 With 11% Jump in Crypto Market Rebound

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The post Solana Leads Top 10 With 11% Jump in Crypto Market Rebound appeared on BitcoinEthereumNews.com.Solana led major cryptocurrencies, especially those in the top 10 by market valuation, with an 11% bounce as the crypto market rebounded ahead of traditional futures opening on Sunday. Crypto prices rebounded sharply on Sunday, as traders bought the dip following Saturday’s crash, which saw over $500 million in liquidations. The market added $32 billion in market value by Sunday morning, after shedding about $128 billion the previous day, according to data from CoinGecko. Solana led the recovery among majors, rising 11% to an intraday high of $88.89. At the time of writing, Solana was up 9.22% in the last 24 hours to $85.30 and down 0.41% weekly. Ripple CEO Urges Banks to Act in Good Faith Crypto Market Review: Bitcoin’s $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold SOL/USD Daily Chart, Courtesy: TradingView Despite the rebound in the markets, weekly performance across most digital assets remains mixed, with thin liquidity and upcoming moves in the equities market likely to determine whether this bounce continues. The market saw a sell-off toward the weekend as investors reacted to global headlines and hotter-than-expected U.S. producer price data. The recent rebound looks convincing on a 24-hour chart but might be fragile. Saturday’s market drop coincided with thin weekend liquidity, and the same with Sunday’s rebound. You Might Also Like Some observers believe Sunday’s mild bounce is a sign that crypto markets are looking past global headlines and traders are positioning for an extended recovery in prices. Cryptocurrency traders, however, remain on the lookout for a bottom as a recovery in prices on Sunday remains limited. Solana news Solana reversed a two-day drop, rising from a low of $77.13 on Feb. 28. The rise reached an intraday high of $88.89 on Friday, with the next focus now…

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