Solana (SOL) price extends its correction, slipping below $70 on Friday after posting losses of over 23% so far this week. The sell-off was fueled by broader weakness in the crypto market, with Bitcoin (BTC) reaching a low of $60,000 on Friday.
Ethereum (ETH) is struggling to hold $3,000 on Wednesday amid mixed signals across several onchain metrics.
Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), recovered roughly around 2% at press time on Monday after a pullback of 7%-13% last week. Dogecoin and Shiba Inu cling to crucial support while the downside risk persists for PEPE.