Bitcoins market cap breaks 1T, taking overall crypto market to 2T - Axios
| SOL Crypto | USD 225.44 12.31 5.18% |
About 61% of Solana's investor base is looking to short. The analysis of the overall investor sentiment regarding Solana suggests that many traders are alarmed. The current market sentiment, together with Solana's historical and current headlines, can help investors time the market. In addition, many technical investors use Solana crypto news signals to limit their universe of possible portfolio assets.
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Bitcoins market cap breaks 1T, taking overall crypto market to 2T AxiosBitcoin briefly crosses 52,000 as it recaptures 1 trillion market cap CNBCCoinbase and MicroStrategy Are Riding Bitcoin Higher Today Yahoo Finance
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Solana Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Solana crypto coin to make a market-neutral strategy. Peer analysis of Solana could also be used in its relative valuation, which is a method of valuing Solana by comparing valuation metrics with similar companies.
Peers
Solana Related Equities
Check out Cryptocurrency Center, Solana Correlation and Solana Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.