Metaplanet Takes the MicroStrategy Approach, SOL Nears Important Support Level
Apr 9, 2024
Market Update It has been a challenging day for crypto prices, with $BTC giving back yesterday's gains to fall to $68.5k, $ETH declining to $3,500, and $SOL currently trading around $176. Most altcoins are also experiencing downturns. The lone standout among large cap crypto assets today is $TON, which is rallying on rumors of USDT launching on the TON Network. Equity indices also faced a drawdown earlier in the day, sliding after the US market opened. However, they have since recouped most of their losses, with the SPX down by 0.3% and the QQQ down a mere 0.10%. Interest rates are declining