Ethereum

Dogecoin

Solana

Bitcoin

<ul>
 <li>Bitcoin's price dip is causing significant declines in the altcoin market.&nbsp;&nbsp;</li>  
 <li>Ethereum, Solana, and Dogecoin are all experiencing notable price drops.&nbsp;&nbsp;</li>  
 <li>Market sentiment remains bearish, with no immediate recovery in sight for these altcoins.</li> 
</ul>  
<p>The price of <a href="https://cryptonewsland.com/bitcoin-price-drop-40000-before-aths/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin has been dipping lately</a> which has sent the general altcoin market crashing. $ETH, $SOL, and $DOGE are some of the major altcoins seeing significant declines.&nbsp;</p>  
<p>These altcoins are struggling, mirroring Bitcoin's downward trend. Let's explore how these major players are reacting to the crypto market slump.</p>  
<h2 class="wp-block-heading" id="h-ethereum-eth-struggling-to-gain-ground">Ethereum (ETH): Struggling to Gain Ground</h2>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXftu72wKHaCb_8UBNM6bq9Dm637TM3AbL4BBHtEHbkfwhNEmrBbM2DRhM39ntzWW9Qjclc2IYWKJlFRDwZGwrNJhzwVPqTgpGF1aY0FUzhk5mI-FNKmxsH5xFEYgX26Zh-DjG6e2z0pmOzPo49tz2bmF97t?key=iCcT4jAAevCwaB9Z69ShEw" alt="">
</figure>  
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Source: Trading View&nbsp;</p>  
<p><a href="https://cryptonewsland.com/ethereum-faces-sell-off-fears-as-whale-moves-90k-eth-to-binance/" target="_blank" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> has tumbled in line with Bitcoin, dropping by 8.43% to $2,287 in the past one week. However, there has been a 2.72% gain in the last 24 hours.&nbsp;</p>  
<p>The network’s anticipated upgrades have kept some traders hopeful. However, the broader market sentiment is weighing down Ethereum (ETH).&nbsp;</p>  
<p>Ethereum’s fate has historically been tied to Bitcoin’s performance. This may make it difficult to break free from the current downtrend</p>  
<h2 class="wp-block-heading" id="h-solana-sol-network-woes-fuel-price-drops">Solana (SOL): Network Woes Fuel Price Drops</h2>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfSWZkYzvGgXGCgLY-K_t6VtgYxIfaVcaJA2vXD9U35BNPFakb7y6RyNSD20_ChbViFXPid9ZWPbXfG43XYZrnkN_XCeFZIHHq5pwrwjuUEG0tw4y84Szy7-OEg-e-oYQ2xlIY8jGpNULjYHjrzpGRZbs13?key=iCcT4jAAevCwaB9Z69ShEw" alt="">
</figure>  
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Source: Trading View&nbsp;</p>  
<p>While Solana is facing some challenges, its native token, SOL, has dropped by 4.62% to $128.69 in the past one week. Ongoing concerns about Solana’s network reliability have triggered more aggressive short-selling in the market.&nbsp;</p>  
<p>Open interest (OI) in <a href="https://www.binance.com/en/futures/SOLUSDT" target="_blank" rel="noopener noreferrer nofollow">Solana (SOL) futures</a> rose by 20%, signaling that traders are betting against the token. If the bearish momentum continues, SOL could even dip below $100, a crucial support level.</p>  
<h2 class="wp-block-heading" id="h-dogecoin-doge-meme-magic-fading">Dogecoin (DOGE): Meme Magic Fading</h2>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeOKgMHyG7vC9XCJ_bkTxP2HYFQcrEcuOCA5t-6DJV0cOdnaUUjVjupKj85iWIKsoyTJSnhlq8kqiwEKscqeThoRDQkXRSeszLak97BIgTSPWcOHuAH9CMdUa06UpEUwH3JdWQardXcjmROS9ASsyVq38PJ?key=iCcT4jAAevCwaB9Z69ShEw" alt="">
</figure>  
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Source: Trading View&nbsp;</p>  
<p><a href="https://dogecoin.com/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> is down 7.29% over the past month, currently hovering around $0.10. Despite some whale accumulation, $DOGE hasn't shown signs of recovery.&nbsp;</p>  
<p>Investors are bearish, with trading volumes remaining low. Without any major endorsements or news, DOGE seems stuck in a downward spiral.&nbsp;</p>  
<p>Ethereum, Solana, and Dogecoin are currently showing signs of weakness. Unless Bitcoin rebounds, it's likely that these altcoins will continue to face downward pressure.</p> 
<p>The post <a href="https://cryptonewsland.com/three-altcoins-struggling-with-bitcoin-decline/" rel="noopener noreferrer nofollow">3 Altcoins that Are Bleeding Out Alongside Bitcoin: ETH, SOL, DOGE</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

3 Altcoins that Are Bleeding Out Alongside Bitcoin: ETH, SOL, DOGE

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