Bitcoin & Altcoin Fluctuations: Investors Hunt for Stability Amidst Market Pressures

While Bitcoin has recently broken free of the $85,000 range and approached $88,500, it hasn’t managed to surpass this mark. This comes amidst a decline in US stock markets, which closed down by 2.5%. This makes today’s price relatively stable despite the equity downturn. Bitcoin’s ability to hold its ground around $87,000 offers hope for potential rallies among altcoins in the coming days. However, the recent market volatility has significantly impacted Solana (SOL) and altcoin performance. Solana’s prices have fluctuated drastically, experiencing a drop following Bitcoin’s price dip.