Solana (SOL) has gone up by 44% in the past 30 days, and bulls have managed to defend the $100 psychological support in the past few days, as demand seems resilient to macroeconomic woes.
Trading volumes jumped by 64% in the past 24 hours, after the token bounced strongly off the $100 threshold. At $3.5 billion, this level of activity accounts for nearly 6% of the ****** et's circulating market cap.
Last week, after a brief drop to 50%, the odds of a rate hike in September by the Federal Reserve jumped back to 58%, following a better-than-expected jobs report in the United States.
However, President Donald Trump has addressed Fed officials directly, and the rhetoric between the White House and the country's central bank seems to be getting heated.
Trump's administration is pressuring the Fed to lower rates during the next FOMC meeting, but the latest minutes indicate that the Committee is actually leaning toward a rate hike.
#past #rate #Solana #september
Trading volumes jumped by 64% in the past 24 hours, after the token bounced strongly off the $100 threshold. At $3.5 billion, this level of activity accounts for nearly 6% of the ****** et's circulating market cap.
Last week, after a brief drop to 50%, the odds of a rate hike in September by the Federal Reserve jumped back to 58%, following a better-than-expected jobs report in the United States.
However, President Donald Trump has addressed Fed officials directly, and the rhetoric between the White House and the country's central bank seems to be getting heated.
Trump's administration is pressuring the Fed to lower rates during the next FOMC meeting, but the latest minutes indicate that the Committee is actually leaning toward a rate hike.
#past #rate #Solana #september
4 days ago
