Various cryptocurrencies like XRP, Ether (ETH), SOL, Tron’s TRX, Dogecoin (DOGE) and are monitoring bitcoin larger, as they normally do. The altcoin bounce comes days after merchants offered these tokens, pricing in the opportunity of defunct alternate FTX securing approval from the chapter court docket to promote belongings from its multi-billion greenback cryptocurrency holdings. SOL fell over 8% on Monday, main the decline in altcoins after a court docket submitting confirmed FTX’s solana holdings at $1.6 billion.
