How do market fluctuations and tariff announcements affect prices? Explore the latest trends surrounding Solana, CEEK Coin, and Chiliz.
Fluctuations in the Cryptocurrency Market
With the cryptocurrency market fluctuating around $90,000, significant price swings are observed due to various factors, including tariff announcements. Despite Friday’s crypto reserve announcements, market enthusiasm remains weak.
Solana (SOL) and Its Dynamics
This week, Solana will participate in the Crypto Summit at the White House. Meanwhile, growing tensions between the US and its trading partners are causing global uncertainty. This raises concerns that the economy may face new blows as the Fed delays interest rate cuts. Unlike previous cycles, cryptocurrencies are trying to maintain stability under various external pressures. SOL Coin retains support at $136 and is trading for $144. Since October 2023, SOL Coin has gained 1222% over 473 days.
CEEK Coin and Chiliz (CHZ)
CEEK Coin continues its long-term downward trend despite attempts to stabilize around the $0.018 region in the metaverse segment. Chiliz (CHZ) shows positive performance in the first two quarters, but the overall negative environment in the cryptocurrency markets pushed it to the $0.044 support level. If Chiliz manages to recover, its first target will be $0.06.
The cryptocurrency market continues to experience pressure due to various factors, including external tensions and internal fluctuations. While SOL, CEEK, and CHZ face different challenges, the future of these assets will depend on further developments in the market.
