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Solana Tests Critical $100 Support as Macro Pressures Trigger Crypto Sell-Off

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The Story

News Summary

  • Solana dropped toward $101, threatening crucial $100 support as macro risk-off sentiment triggered broad crypto sell-offs.
  • Surging oil prices and rising 10-year Treasury yields renewed inflation fears ahead of key data.
  • Technical indicators show deteriorating momentum below key short-term moving averages.
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SOLUSD price history

101.76 +18.45% over the displayed period

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