{"id":70300,"date":"2026-03-27T16:04:37","date_gmt":"2026-03-27T16:04:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/solana-price-drops-as-btc-eth-slip-amid-oil-surge-to-110\/"},"modified":"2026-03-27T16:04:37","modified_gmt":"2026-03-27T16:04:37","slug":"solana-price-drops-as-btc-eth-slip-amid-oil-surge-to-110","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/solana-price-drops-as-btc-eth-slip-amid-oil-surge-to-110\/","title":{"rendered":"Solana price drops as BTC, ETH slip amid oil surge to $110"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/Solana-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/Solana-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/Solana-token-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/Solana-token-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Solana price dropped 5% to near $83 on Friday.<\/li>\n<li>The altcoin fell as Bitcoin and Ethereum declined to $66,500 and below $1,990, respectively.<\/li>\n<li>Risk assets sank as Brent oil surged to $110 amid Iran war concerns.<\/li>\n<\/ul>\n<p>Solana (SOL) price has slipped more than 5% as altcoins mirror declines in Bitcoin (BTC).<\/p>\n<p>The downturn coincided with a dramatic surge in oil prices to $110 per barrel, fueled by geopolitical tensions in the Middle East, with President Donald Trump\u2019s announcement of a deadline extension for Iran seemingly not assuaging sellers.<\/p>\n<p>Iran has largely dismissed US claims that talks have shown progress.<\/p>\n<h2>Solana drops to $83 amid crypto dip on oil surge<\/h2>\n<p>Solana\u2019s price plunged to a low of $83 during Friday\u2019s session, marking a decline of over 5% within 24 hours.<\/p>\n<p>This aligned with the broader crypto market\u2019s vulnerability to macroeconomic shocks, with Bitcoin sliding to below $66,500.<\/p>\n<p>BTC\u2019s drop below $67k marks the first time bulls have seen these levels since March 9.<\/p>\n<p>Losses triggered massive long liquidations across top altcoins.<\/p>\n<p>The sharp decline for BTC came as oil prices topped $110 despite US President Donald Trump\u2019s announcement of a 10-day extension to the deadline for Iran to open the Strait of Hormuz.<\/p>\n<p>Trump had paused the move to strike Iran\u2019s energy infrastructure by 5 days, but even then, the additional five days appear to have done little to soothe supply concerns.<\/p>\n<p>US stocks faltered as the international benchmark Brent crude futures rose 2.7% to $110.94 a barrel.<\/p>\n<p>Crude gains reversed earlier losses following the early March spike, which also saw BTC prices sink to support.<\/p>\n<p>As risk appetite got a fresh bump, Solana\u2019s trading volume spiked 13% to over $4.1 billion.<\/p>\n<p>The surge in intraday volume across major exchanges signals panic, as the unwinding of leveraged positions has led to significant losses for long positions.<\/p>\n<h2>Solana price outlook<\/h2>\n<p>From a technical standpoint, Solana\u2019s descent to $83 breached the 50-day exponential moving average (EMA) at $87.50, a critical support that now risks further erosion toward the 200-day EMA near $78.<\/p>\n<p>The relative strength index (RSI) flashed oversold territory at 28, hinting at a potential short-term rebound if oil volatility eases.<\/p>\n<p>However, the moving average convergence divergence (MACD) histogram remains deeply negative, confirming bearish momentum tied to the BTC correlation, which stands at 0.92 over the past month.<\/p>\n<p>A sustained oil price above $110 could push SOL toward $75, but a de-escalation in Hormuz tensions might spark a relief rally back to the $95-$100 level.<\/p>\n<p>Investors might also be looking to monitor US inflation data, with this likely to dictate the crypto market\u2019s next move.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/solana-price-drops-as-btc-eth-slip-amid-oil-surge-to-110\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Solana price dropped 5% to near $83 on Friday. The altcoin fell as Bitcoin and Ethereum declined to $66,500 and below $1,990, respectively. Risk assets sank as Brent oil surged to $110 amid Iran war concerns. Solana (SOL) price has slipped [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":70301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70300"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70300"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70301"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}