This week, most cryptocurrencies saw their prices drop, reflecting a general downturn in the market. Major coins like BTC, ETH, LTC, XRP, and UNI experienced declines, with UNI taking the hardest hit. Solana (SOL) was one of the hardest-hit coins, losing over 12% of its value. According to CoinTelegraph, this drop can be attributed to factors such worries about the broader economy, issues within the Solana network, and general market volatility. However, Bitcoin Cash (BCH) was a standout performer, managing to increase in price by about 5.56% despite the overall market decline. This rise could be because investors felt more confident in BCH compared to other cryptocurrencies, possibly due to factors like stable trading metrics and positive technical indicators.
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