The cryptocurrency market cap decreased by 1.4%, now at 3.9 trillion USD. Bitcoin price bounced from 116,000 USD to 118,000 USD during the European session, indicating a potential end to consolidation if it surpasses 120,000 USD.
Solana’s price has crossed 200 USD, indicating a level not seen since February. The RSI stands at 80, often signaling upcoming price corrections when it starts to decline.
Investor sentiment remains at 72, suggesting growth potential without overheated conditions. Meanwhile, the UK is contemplating selling 61,000 confiscated Bitcoins worth about 7.1 billion USD to address a budget shortfall.
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