News & Blog

Bitcoin and Solana are rising strongly again

Bitcoin and Solana are rising strongly again

The cryptocurrency market experienced another exciting evening yesterday, with significant gains for both Bitcoin (BTC) and altcoins. Bitcoin was even on the brink of reaching a new annual high. However, it wasn't just Bitcoin that drew all the attention. The emerging altcoin Solana (SOL) also showed another remarkable increase, solidifying its position as a promising cryptocurrency.

Bitcoin shows green numbers

Bitcoin's price skyrocketed out of nowhere around 7 p.m. yesterday. The price of BTC went from $36,683 (€33,631) to a peak of $37,863 (€34,713) in just a few hours. Afterward, the price slightly retreated to around $37,300 (€34,199).

With the jump to $37,863 (€34,713), Bitcoin came close to reaching its annual high, which is slightly above $38,000 (€34,841). Furthermore, Bitcoin has risen 2.5% in the past 24 hours and has already increased in value by nearly 20% this month.

At the time of writing, the BTC price sits at $37,480 (€34,357).

Solana is also rising strongly again

Solana (SOL) also showed a significant increase. In 24 hours, the popular cryptocurrency has risen by 5%. In just one month, SOL has already increased in value by 85%. Other altcoins are also demonstrating their positive side. For example, XRP (XRP) has risen by 3.7% in the past 24 hours, and Ethereum (ETH) has seen an increase of about 3.5%.