Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are all trading in the red as the broader crypto market feels the pressure of the US-Iran conflict. Bitcoin’s price has slipped below $71,000, while Ether and XRP are trading below $2,200 and $1.35, respectively. Solana’s SOL is also underperforming and could face further selling pressure in the near term. The coin is trading at $81 on Monday, after a 4% decline on Sunday, which aligned with the broader cryptocurrency market correction. At the moment, Solana remains on a downside trajectory after reversing from an overhead trendline, while institutional demand whipsaws and retail interest declines.
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