SOL Finding Support, BASE Booming with Activity
Aug 23, 2023
Market Update After another evening of crypto price weakness, the market is showing some near-term resilience, bouncing in tandem with equity and bond markets. $BTC has rebounded to above $26k after a momentary dip to $25.5k, and $ETH is seeking stability above $1,650 following a drop to $1,580 last night. Altcoins are at the forefront of the recovery, with standout performers including $SUI, up over 10% after numerous short positions were liquidated, and $DYDX, up 7% following its recent testnet launch. $BNB, having displayed significant weakness yesterday evening amid rumors that CZ was con