Bitcoin rises 7%, Solana jumps 14.5% as Cripto Shorts liquidated to $ 347 million, liquidates after market recovery

Bitcoin and Solana continued to climb as a wide cryptocurrencial creptocarnace market after volatility previously in April. Bitcoin increased to 91,100-up 7% from 2 April of 2 April Solana In the same period increased by 14.5% to $ 145. All in all, the global crypto market cap has grown 6% to $ 295 trillion, and Bitcoin maintained 60% stake. Rally comes despite political tensions and economic insecurities accompanied by American President Donald Trump announcements of a broad reciprocal tariff, which initially caused market sailboats.

Solana prices are especially significant, having in mind recent events involving bankruptcy FTX. About 11 million salt tokens worth about $ 1.6 billion unlocked From the FTX property, the largest such edition since January 2021. years. Typically, such a token influx would press the prices, but that did not happen. Analysts suggest that the market has already absorbed the influence and that the interest in the token remains strong. Matthew Nai, research analyst at Messari, described token as if reselling and pointed to a renewed interest on the upcoming network updates, including the client of the Fileranarian Validator.

Meme coins online Solana also gained tow. FartCoin, who developed a true terminal, and agent, increased by 21% on the market of 1.08 billion dollars in the last 24 hours. He was thrilled by Bonk to become the second largest meme on Solana and is now approaching official trump (Trump), the current leader among salt salt-based sola.

Bitcoin has gained momentum as a safe haven and values ​​of value. His constant increase is attributed to increasing adoption by institutional investors and launching the location of the ETF. David Duong, head of research, pointed out that Bitcoin became installed in traditional investment portfolios, which helped a pillow from sharp drops seen in previous cycles. Bitcoin reached the peak in the amount of $ 93,461, the highest price of early March, and now it is 18% in the last two weeks.

Other main cryptocurries have also seen winnings. Etherum has risen almost 8% to $ 1,703, Dogeroin rose 9% to $ 0.17, and XRP gained 3% to $ 2.15. Although some of these tokens remain below their recent peaks, the wider market showed signs of recovery.

The liquidations related to the crypt of 347 million dollars in the last 24 hours, with $ 255 million come from short positions. Bitcoin accounted for $ 142 million, while Etherum did $ 90 million. The wider mood in financial markets has improved a little, as hoping for reduced trade tensions between the United States and China.