Solana jumps to a two-month high after Google triggers a verification node (Weekend Watch)

Despite stopping at $21,500 and returning a few hundred dollars, Bitcoin still managed to stay above $21,000.

Most cryptocurrencies are quieter today on a daily scale, while Solana has jumped to a two-month high of around $40.

Bitcoin Still Above $21,000

The beginning of November brought a lot of volatility to the core cryptocurrency, especially from the events related to the United States. It began on Wednesday when the Federal Reserve said it would raise key interest rates by 75 basis points, sending them from $20,800 to $20,000 in a matter of minutes.

However, the bulls rose at this point and helped Bitcoin maintain the desired level at $20,000. Two days later, a higher-than-expected US jobs report pushed the original north and brought BTC close to $21,000.

Although initially failing in this streak, the cryptocurrency started the attack late Friday and was eventually able to regain it. Additionally, BTC hit a multi-month high of $21,500 on Saturday before pulling back a few hundred dollars.

To date, it is still above $21,000 and its market value is north of $400 billion. However, its dominance of altcoins is struggling at 38.6%.

BTCUSD. Source: TradingView

Solana’s latest playback by Google

Altcoins have been doing admirably lately but have calmed down now. Ethereum is still above $1600 after a slight bounce. Similar price drops are also evident from Binance Coin, Ripple and Cardano.

Dogecoin has seen a drop of about 3% of its value in the past 24 hours, while MATIC and Shiba Inu are down 2%.

Solana is among the top players of the big companies after Google He said Triggered the validation node. SOL jumped to nearly $40 for the first time since mid-September.

OKB is another notable winner adding 5% of the value again. Algorand, CRO and CHZ prices are up more than 5% in the past 24 hours.

Finally, the cumulative market capitalization is just over $1.050 trillion after having gained more than $60 billion in the past week or so.

An overview of the cryptocurrency market.  Source: Quantify Crypto
An overview of the cryptocurrency market. Source: Quantify Crypto

Solana’s post jumped to a two-month high after Google triggered a verification node (Weekend Watch) that first appeared on CryptoPotato.

Leave a Reply

Your email address will not be published. Required fields are marked *