Posted 1/27/2024, 2:31:00 PM
Bitcoin and Solana Prices Down but Offer Buying Opportunities for Long Term
- Bitcoin and Solana prices are down from early January highs but offer buying opportunities
- Bitcoin has major catalyst with 2024 halving event, which has boosted price after previous halvings
- Solana has speed and cost advantages over Ethereum but lost momentum amid Bitcoin hype
- Long-term outlook remains strong for both Bitcoin as future of digital money and Solana as top smart contracts platform
- Both cryptos very volatile, with Bitcoin having longer track record and seen as "safer" bet than Solana