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Solana Latest Updates: Bitcoin Falters, Solana Shows Uncertainty While MoonBull's Tokenomics Spark November Rally

Solana Latest Updates: Bitcoin Falters, Solana Shows Uncertainty While MoonBull's Tokenomics Spark November Rally

Bitget-RWA2025/11/04 06:46
By:Bitget-RWA

- Bitcoin fell below $116,000 in late October amid cautious positioning before the Fed meeting, with on-chain metrics showing stable miner holdings. - Solana dropped 6% after Jump Crypto swapped $205M SOL for BTC, highlighting altcoin volatility despite $100B+ market cap support from ETF approvals. - MoonBull ($MOBU) surged 163% in presale with 95% APY staking, leveraging deflationary tokenomics and meme-driven adoption to outpace BNB/AVAX in 2030 ROI forecasts. - Institutional crypto infrastructure deals

Bitcoin Retreats as Solana Faces Setbacks and MoonBull Becomes November’s Leading Crypto Choice

In late October, Bitcoin (BTC) encountered renewed selling, pulling back from its recent high of $116,000 as market sentiment shifted. After briefly surpassing $116,000 on October 28, 2025, Bitcoin settled at $114,205 as traders adjusted their portfolios ahead of the Federal Reserve’s upcoming policy decision. Experts pointed to cautious investor behavior, with the Fear & Greed Index remaining “neutral” and on-chain data showing miner holdings stabilizing, according to a

. At the same time, (SOL) experienced a steep decline, falling to $182 after Jump Crypto, an institutional trading firm, exchanged $205 million worth of for , causing a 6% drop within the day, as reported by .

Solana Latest Updates: Bitcoin Falters, Solana Shows Uncertainty While MoonBull's Tokenomics Spark November Rally image 0

The sell-off in Solana highlighted the volatility across altcoins, with

(ETH) and (APT) also seeing price drops. Derivatives data pointed to a bearish outlook, as open interest in Solana futures climbed 2.28% to $10.32 billion and short positions dominated, according to an . The shift—converting 1.1 million SOL into 2,455 BTC—sparked debate about risk management ahead of possible U.S.-China trade friction. Despite the decline, CryptoDaily noted Solana’s market cap remained above $100 billion, supported by recent U.S. spot ETF approvals and network improvements like Alpenglow.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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