Solana

Long

Bitcoin

when

The global crypto assets market slightly declined on Friday morning as the <a href="https://news.todayq.com/crypto-stocks-rebound-gains-36-in-february/" rel="noopener noreferrer nofollow">Bitcoin (BTC) bullish run</a> halted for a correction. The cumulative market cap took a marginal dip to stand at $2.3 trillion. However, amid this stoppage, Solana (SOL) kept up the positive sentiments of the market running while other major cryptos collapsed. Solana on the top? 
According to the data, Solana’s price jumped by around 5% in the last 24 hours. This comes in when SOL has added a gain of more than 117% in the last 90 days. The crypto is trading at an average price of $134, at the press time. However, its 24 hour trading volume took a drop of 21% to stand at $5.9 billion. This suggests that more investors are going long on SOL. The <a href="https://news.todayq.com/solana-based-bonk-analos-tokens-lead-with-over-40-price-jump/" rel="noopener noreferrer nofollow">5th largest crypto</a> is holding a market cap of $59.33 billion.
On the other hand, Bitcoin saw a minor correction after trading between a high range of $63,000 and a lower range of $60,000 over the past few days. BTC price is up by 47% in the last 30 days, while its price marginally dropped in the last 24 hours.&nbsp;
Bitcoin is trading at an average price of $62,064, at the press time. Its 24 hour trading volume dropped by a massive 41% to stand at $53.8 billion. A ease in bullish sentiments can be seen in the market as BTC price took off from $51K to land around $63K in just a span of one week. Long bets liquidated 
Data provided by Coinglass shows that more than 100k traders were liquidated in the last 24 hours. However, the total liquidations recorded by the tracker stand at $286 million. The largest single liquidation order occurred on Binance, involving BTC/USDT with a value of $6.78 million.
65% of the total liquidation (approx $189 million), which includes both long and short positions, turns out to be long bets. This depicts that the traders were expecting the crypto market to continue the bullish rally. Meanwhile, the market took a hit.
Ethereum, the biggest altcoin, also recorded a slight decline as its price dropped by 2% in the last 24 hours. This comes in when ETH has registered a staggering surge of 50% over the last 30 days. Ether is trading at an average price of $3,407, at the press time.
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Solana climbs 5% while Bitcoin, Ether takes a breather

Todayq News

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