Bitcoin Remains Stable as Ethereum, Dogecoin, and Solana Gain Ground
Bitcoin stalled while leading altcoins rose on Wednesday, as investors evaluated Nvidia's earnings report.
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The cryptocurrency market showed mixed performance on Wednesday. Bitcoin remained stable between $111,000 and $112,600, with trading volume declining 3.69%. Ethereum fell below $4,500 after earlier hitting $4,659.
Solana was the standout performer, surging nearly 5% and revealing that institutions hold $1.68 billion in SOL. The market experienced over $265 million in liquidations.
Arthur Azizov from B2 Ventures believes altcoins could rally 20-30% if Ethereum breaks $5,000, but warns of potential 10-15% drawdowns if it falls below $4,400.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/08/47374932/bitcoin-holds-steady-while-ethereum-dogecoin-solana-climb-analyst-says-altcoins-could-rally