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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.