BNB (BNB), formerly known as Binance Coin, is extending its correction, trading below $870 at the time of writing on Thursday as risk sentiment across the crypto market deteriorated in response to the Federal Reserve’s (Fed) hawkish rate cut.
Solana (SOL) price is trading below $130 at the time of writing on Thursday, after being rejected at the upper boundary of its falling wedge pattern. The broader market weakness following the Federal Reserve’s hawkish rate cut has added to downside momentum.
Solana (SOL) extends its upward trend for the third consecutive day, trading within a consolidation range of $121-$145. Persistent inflows into Solana Exchange Traded Funds (ETFs) over the last four days suggest steady institutional confidence.