Solana ETFs show strength, but SOL price lost its yearly uptrend: Is $120 next?

On November 4, Forward Industries saw its shares plummet by 25%, reflecting a broader risk-off sentiment affecting both equities and crypto assets. Solana also faced a decline, dropping 7.5%.

Bitcoin's price has fallen below $100,000 for the first time since June, with market expert Lark Davis calling the sell-off 'absolutely relentless.' Factors like ETF selling activity are contributing to this downturn, and analysts are forecasting a potential decline to $70,000.

Phantom has introduced limit orders for Phantom Perps, enabling users to automate their trading with take profit and stop loss triggers on the Solana network.

The crypto market is experiencing a significant downturn, with over $90 billion in value disappearing in just one hour. This sharp sell-off has resulted in more than $1.3 billion in forced liquidations as traders are unable to maintain their leveraged positions. Bitcoin has fallen below $105,000, continuing a troubling trend that began last week, while major altcoins like Ethereum, Solana, and XRP are also suffering. This situation is crucial as it highlights the volatility of the crypto market and the risks involved for investors.

Dogecoin's price has shown a promising rebound from the $0.16 support level, indicating potential for a short-term rally. This bounce is fueled by oversold conditions that have sparked optimism among investors. While the outlook is positive, it's important to remain cautious as market dynamics can change rapidly. This development matters because it reflects the ongoing volatility and interest in cryptocurrency, particularly for Dogecoin enthusiasts.

Bitcoin's recent attempt to bounce back has faltered, pushing its price further away from the coveted $100,000 mark. This decline is significant as it reflects ongoing volatility in the cryptocurrency market, which can impact investor confidence and market stability. Understanding these fluctuations is crucial for anyone involved in or considering investments in digital currencies.

Toncoin has dropped below the $2 mark, reflecting broader market conditions that are negatively impacting cryptocurrency prices. This decline is significant for investors who are closely monitoring market trends, as it may indicate a larger downturn in the crypto space. Understanding these fluctuations is crucial for traders and investors alike, as they navigate the volatile landscape of digital currencies.

Stellar's XLM has experienced a significant drop of 7.7% following a breach of key support levels, triggering a heavy sell-off in the market. This decline is concerning for investors as it reflects broader volatility in the cryptocurrency space, highlighting the risks associated with digital assets. Understanding these market movements is crucial for anyone involved in cryptocurrency trading.

Ripple has made a significant impact in the US digital asset market by launching Ripple Prime, a new brokerage service that integrates XRP and its stablecoin RLUSD. This innovative platform aims to provide clients with a secure and efficient way to engage in cryptocurrency transactions, marking a pivotal moment for institutional finance.

CryptoQuant's research head, Julio Moreno, has highlighted a recent decline in Bitcoin's demand at higher prices, suggesting this could be a reason for the bearish trend in the market. His analysis offers a fresh perspective on the current dynamics affecting BTC.

A Coinbase executive has voiced concerns over banks' resistance to the company's application for a national trust charter. This move is part of Coinbase's strategy to connect the cryptocurrency world with traditional finance, highlighting the ongoing tension between these two sectors.

Solana ETFs have seen impressive inflows exceeding $400 million, showcasing their strength in the market. However, the price of SOL has recently lost a crucial technical support level, raising concerns about a potential decline towards $120.

Bitcoin has fallen below the crucial $100,000 mark, causing a significant downturn in the entire cryptocurrency market. This drop has raised concerns among investors about the factors that led to this sell-off.

Bitcoin has experienced a significant drop of $7, leading to miner revenues plummeting to levels not seen since April. This decline raises concerns about the sustainability of mining operations and the overall health of the cryptocurrency market.