Crypto, Solana & Bitcoin – European Wrap 7 March
Bitcoin (BTC) remains under pressure and continues its decline, trading around $88,900 at the time of writing on Friday and falling over 5% this week. BTC uncertainty and volatility spikes liquidated $1.67 billion this week as the first-ever White House Crypto Summit takes place on Friday. AI and Crypto Czar David Sacks announced President Trump signed an executive order on Thursday to establish a strategic Bitcoin reserve.
Solana (SOL) price stabilizes and trades around $142.8 at the time of writing on Friday after falling nearly 20% this week. Solana co-founder Anatoly Yakovenko raised concern about SOL as part of the US Crypto Strategic Reserve on his social media X. On Thursday, Yakovenko said that in his…
