Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today.
Solana (SOL) prices plunged during today’s session, which comes as bears have seemingly recaptured market sentiment. Following a high of $22.90 on Thursday, SOL/USD moved to an intraday low at $20.20 earlier in the session. This drop resulted in the token hitting its lowest point since January 19, when solana last collided with a floor at $20.00.
Cardano (ADA) extended its own recent sell-off on Friday, with prices falling for a third straight session. ADA/USD dropped to an intraday low of $0.3558 earlier today, which comes after prices peaked at $0.3896 on Thursday. As a result of this drop, ADA slipped to its weakest point since January 25, breaking out of a floor at $0.3590 in the process.
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