Solana (SOL) is offering subtle bullish signals, trading above $205 on Friday, mirroring a risk-on sentiment after the release of key United States (US) economic data, including the Unemployment Rate and Nonfarm Payrolls (NFP).
XRP, BNB and Solana prices have been in a decline the past seven days. Traders are concerned about the market-wide correction in crypto. The sentiment indicator called the Fear & Greed Index shows traders have turned “fearful,” a sign of a bearish outlook.
Metaplanet, one of the largest corporate holders of Bitcoin (BTC), plans to raise additional funds to purchase BTC for its steadily growing treasury. The company announced in a press release on Wednesday that the purchase is expected to take place between September and October.