Bitcoin crashed following vulnerability issues reported by Ledger, one of the major digital wallet companies, but has now calmed down just below $43,000. Yesterday was a very volatile trading day due to Ledger related vulnerabilities.
After the news broke, BTC lost more than $1500, falling to $41,400. After Ledger announced that the problem was fixed, Bitcoin recovered almost all the losses and rose above $43,000.
Bitcoin Settles Below $43K, Solana Soars 8% on BONK Hype
While most altcoins are experiencing small losses or gains, SOL continues to rise, perhaps fueled by the excitement of the new meme coin phenomenon, BONK.
It would not be wrong to say that Solana-based meme coin BONK is the best performing coin in recent times. There has been a massive 100% increase in the last 24 hours alone and the asset has reached an all-time high.
As expected, this also brought about a price increase for SOL. The token is up over 8% in the last 24 hours and was trading close to $80 at the time of writing.
*This is not investment advice.
