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Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted. Bitcoin's price dipped to $66,000 early Tuesday, erasing last week's gains.
The slide came after the U.S. government moved $2 billion worth of bitcoin, raising concerns of potential selling pressure.
Solana's SOL led major losses, dropping by 6%, reversing Monday's gains, while Ether showed relative strength despite recent outflows from newly-launched spot ETH ETFs.
