Startup crypto fund manager One River Digital Asset Management — backed by billionaire hedge fund manager Alan Howard — closed funding from investors including Goldman Sachs Group Inc (NYSE: GS) and Coinbase Global Inc.
Over the past 24 hours, Solana's (CRYPTO: SOL) price has fallen 10.33% to $129.93. This continues its negative trend over the past week where it has experienced a 14.0% loss, moving from $156.76 to its current price.
Crypto markets dipped lower on Monday, with the overall industry market cap falling to $1.96 trillion, dropping by more than 8% over the last 24 hours.