Cryptocurrencies are trading amid tariff-induced volatility ahead of the release of the Federal Reserve's (Fed) Minutes for the June meeting on Wednesday, with Bitcoin's (BTC) price displaying technical weakness below the resistance level of around $109,000.
Solana (SOL) is showing signs of extending its recovery, following a 4% increase to trade at $153 on Wednesday. This uptick in price comes amid key adoption milestones, including the launch of the first Solana staking Exchange Traded Fund (ETF) in the United States (US).
BNB saw a 3% gain on Tuesday as Nano Labs announced it entered a convertible notes purchase agreement to raise $500 million for a BNB treasury.