Solana ETFs Outpace Bitcoin Funds in Fed Week
Solana ETFs outpaced Bitcoin funds during Fed week, a period when macro-sensitive assets typically face heightened volatility and institutional positioning shifts ahead of Federal Reserve rate decisions.
Latest news, updates, and deep dives into the News ecosystem.
Solana ETFs outpaced Bitcoin funds during Fed week, a period when macro-sensitive assets typically face heightened volatility and institutional positioning shifts ahead of Federal Reserve rate decisions.
More than $750 million in crypto liquidations swept through leveraged markets as Bitcoin pushed above $85,000 and both Ethereum and XRP climbed to new local peaks. The sharp cross-asset rally caught short-positioned traders off guard and forced a wave of automatic position closures across derivatives markets.
X has filed a lawsuit against a group of Bitcoin influencers, alleging they manipulated engagement on the platform to fraudulently obtain at least £207,384. The allegations have not been established as fact, and the named parties have not publicly responded to the claims at the time of writing.
Grayscale's spot Zcash ETF has reportedly posted a nearly $100 million weekly increase, according to a claim circulating in crypto markets this week.
The total crypto market capitalization climbed to $2. 76 trillion in a single trading day as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) each posted strong gains, lifting the combined value of tracked digital assets in a broad-based advance.
For creators and collectors whose digital property is priced in crypto, the $80K line is more than a chart landmark: it helps set the risk appetite behind liquidity for art, gaming assets and PFPs.