Solana Tests Key Support as Bitcoin Break Below $60,000 Weighs on Altcoins

Solana (SOL) slid to a critical technical crossroads this week as Bitcoin (BTC) broke below the psychologically important $60,000 level, dragging sentiment across major altcoins and putting renewed focus on whether SOL can defend a key support zone.

As of Friday ET, Solana was changing hands around $61.85, down 4.51% over the past 24 hours and off 25.32% on the week, according to market data cited in the report. The token’s pullback underscores its reputation as a ‘high-beta’ Layer-1 asset—one that tends to amplify Bitcoin’s moves in both directions—making it a focal point for traders during…  Read more

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