Crypto Market Bleeds: SOL Crashes 11.9%, ETH Stands Strong!
The crypto market is experiencing heavy sell-offs, with $SOL leading the losers, down 11.9%. Major altcoins like $XRP (-6.51%), $DOGE (-9.23%), and $LINK (-7.13%) are also struggling, reflecting broad bearish sentiment. $BTC has dropped to $95.5K (-1.56%), showing weakness below key resistance, but ETH is holding up well, gaining 4.13%. Some bright spots include $LEO (+2.05%), and $DOT (+0.89%), but overall, most assets are in the red. The bloodbath follows the recent Bybit $1.5B hack and growing uncertainty around macroeconomic factors. With BTC failing to hold above $98K and SOL making lower lows, caution is advised. A continued breakdown could push the market into deeper corrections, especially if BTC loses $93K support.