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ATOM, SOL Remain Close to Multi-Week Highs, as Markets Consolidate Recent Gains

Cosmos climbed by as much as 5% in Wednesday’s session, as the token remained close to a multi-week high. Cryptocurrency markets consolidated recent gains in today’s session, with the global market cap down by 0.24% as of writing. Solana continued to trade above $20.00, as prices consolidated.

Cosmos (ATOM) was once again in the green, as prices remained close to a recent multi-week high. Following a high of $13.47 on Tuesday, ATOM/USD hit a peak of $13.41 earlier in today’s session, before prices have since plunged. Since hitting a three-week high during yesterday’s session, cosmos bulls have moved to consolidate gains, with ATOM now trading at $12.55.

In addition to ATOM, solana (SOL) also remained near a recent high, despite market sentiment shifting in today’s session. SOL/USD fell to a low of $20.31 earlier in today’s session, hours removed from a peak at the $22.11 mark. Yesterday’s high saw solana trade at its strongest point since March 2, when the token was trading close to $23.00.

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