Solana is still under pressure against a backdrop of hawkish Fed wagers and renewed US-Iran tensions. What's next?
The US dollar and Treasury yields surged following Trump stated that the US does not need a deal with Iran, fuelling inflation worries and expectations of additional tightening moves. We can see that Solana extended the selloff this week alongside the hawkish repricing and the…
In this article
On the Solana price front, the US dollar and Treasury yields surged following Trump stated that the US does not need a deal with Iran, fuelling inflation worries and expectations of additional tightening moves. We can see that Solana extended the selloff this week alongside the hawkish repricing and the grew US-Iran tensions on the daily chart.
Key points
- We have a minor downward trendline defining the bearish momentum on the 4 hour chart.
- For now, the macro backdrop is still negative for Solana, so there's limited room for any rally to be sustained.
- This continues to create a challenging environment for Solana against a backdrop of tightening financial conditions and growth worries.
Inside the Solana price story
This continues to create a challenging environment for Solana against a backdrop of tightening financial conditions and growth worries. For now, the macro backdrop is still negative for Solana, so there's limited room for any rally to be sustained. We have a minor downward trendline defining the bearish momentum on the 4 hour chart.
Why traders are watching Solana price
Expectations for US interest rates sit behind almost every move in the dollar, bond yields and equities. When the outlook for Fed policy changes, traders reprice the whole curve of rate expectations at once.
A more hawkish tone usually supports the dollar and weighs on gold and growth stocks, while a dovish tilt tends to do the opposite. That is why traders read every comment from policymakers closely.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-13 12:26 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 69,278.11 | -5.01% | 73,029.94 | 67,568.00 |
| Ethereum (ETH) | 1,959.48 | -3.11% | 2,028.12 | 1,895.95 |
| Solana (SOL) | 80.69 | -2.04% | 82.44 | 77.92 |
On the currency side, the latest ECB daily reference rates (2026-11-12) show EUR/USD 1.1081, GBP/USD 1.3256, AUD/USD 0.6821, NZD/USD 0.5556, USD/JPY 159.7, USD/CHF 0.8331, USD/CAD 1.4249, USD/CNY 6.6683. These are reference fixes, not live quotes.
What to watch next for Solana price
Traders will focus on upcoming comments from Fed officials, the next inflation and labour-market releases, and pricing in rate futures for clues about the timing of the next policy move.
Key scheduled releases on the economic calendar:
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read The macro backdrop is still negative for Ethereum as Trump's Iran remarks fuel renewed risk aversion or see all of today's top market news.
FAQ
What is the latest Solana price news?
The US dollar and Treasury yields surged following Trump stated that the US does not need a deal with Iran, fuelling inflation worries and expectations of additional tightening moves.
How do Fed rate decisions affect forex markets?
Higher US rates tend to attract capital into dollar assets and strengthen the greenback, while lower rates or dovish guidance usually weaken it against other major currencies.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
