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How Solana and Bitcoin Price Correlation Is Impacting SOL

The post How Solana and Bitcoin Price Correlation Is Impacting SOL appeared on BitcoinEthereumNews.com. Solana’s price continues to decline, extending investor losses and reinforcing the ongoing bearish trend across the broader crypto market. Despite periods of recovery in recent months, the altcoin now faces intensified downward pressure. Its close correlation with Bitcoin may be a key factor driving Solana’s latest capitulation. Sponsored Sponsored Solana Is Depending On Bitcoin The correlation between Solana and Bitcoin currently sits at an exceptionally high 0.97, indicating that SOL’s price movements closely mirror those of the world’s largest cryptocurrency. This correlation means any weakness in Bitcoin’s market performance directly affects Solana’s trajectory. With Bitcoin hovering near the $100,000 level and struggling to break higher, Solana’s price faces a continued risk of decline. The lack of bullish momentum from Bitcoin translates into stagnation for SOL, limiting the token’s potential for independent growth and raising concerns about its near-term stability. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Solana Correlation To Bitcoin. Source: TradingView From a macro perspective, Solana’s Net Unrealized Profit and Loss (NUPL) metric has entered the capitulation zone, signaling investor caution. Sponsored Sponsored Historically, dips into this zone have marked critical turning points for Solana, as investors often hold rather than sell at a loss, slowing further downside. Currently, Solana’s NUPL is hovering just inside the capitulation range. However, given its strong correlation to Bitcoin, the metric could deepen if BTC’s weakness persists. Ironically, this dip could create the conditions for a rebound, as capitulation phases have historically preceded accumulation and recovery for SOL. Solana NUPL. Source: Glassnode SOL Price Could Bounce Back At the time of writing, Solana trades at $157, extending a month-long downtrend. The token’s performance remains tethered to Bitcoin’s movements, making further declines likely if BTC fails to stabilize. In the short term, Solana could face additional bearish pressure,…

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1987 BMW 325is Coupe 5-Speed

This 1987 BMW 325is coupe remained registered in Southern California until the seller’s acquisition in 2023, when it was relocated to the Bay Area. The car has been retrofitted with a Euro front fascia and bumpers as well as E30 M3 front springs and control arm bushings, an E36-specification steering rack, Bilstein dampers, a front strut tower brace, stainless-steel rear exhaust components, an aftermarket front lip, and an integrated Bluetooth module. Powered by a 2. 5-liter inline-six linked to a five-speed manual transmission and a limited-slip differential, the car is finished in Alpine White over black and patterned cloth upholstery. Additional equipment includes a decklid spoiler, bolstered sport seats, a sunroof, 14″ basketweave alloy wheels, four-wheel anti-lock disc brakes, a BMW Alpine CM5907 cassette stereo, a Blaupunkt 40w amplifier, cruise control, and an onboard computer. This E30 coupe shows 220k miles and is now offered with an owner’s manual, service records, a clean Carfax report, and a clean California title in the seller’s name.

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A New and Inspirational Business Relationship with Central Asia

The Trump administration has established a strong business relationship with Central Asia, countries rich in natural resources who need help developing them. They want to be independent and free of China and Russia. This is a mutual opportunity as the US turns to Asia, a neglected and rich area of the world. The C5+1 Welcome [.] The post A New and Inspirational Business Relationship with Central Asia appeared first on www. independentsentinel. com.

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A Tribute from Iraq to Dick Cheney

“Rest in peace,” Iraqi government spokesperson Bassem al-Awadi said in a eulogy for the former U. S. vice president shared with Newsweek. “Without delving into the intentions behind actions, the change that took place in Iraq under your leadership and that of President Bush in 2003 was profound. Despite all the events that followed, the transformations Iraq witnessed after the fall of Saddam’s regime were vast and astonishing, though many have tried to distort them to serve their own interests,” Awadi said. “The numbers are remarkable, Mr. Dick Cheney, and too many to list here.” Iraqis are even more divided on.