"Solana's Surge and Bitcoin's $50K Milestone Signal Crypto Market Momentum"
TL;DR Summary
Solana's SOL led gains in the cryptocurrency market, with Ethereum ecosystem and layer-2 tokens also experiencing significant jumps as Franklin Templeton filed plans for a spot ether ETF. Despite Bitcoin briefly crossing the $50,000 mark and sparking renewed bullish sentiment, Google search interest for Bitcoin remained at an all-time low, suggesting low retail interest in the topic. The CoinDesk 20 index of the twenty biggest tokens rose 4%, and market observers caution that price retracements in the short-to-medium terms could still be on the cards.
- Solana Leads Gains in Crypto Majors, Bitcoin Metric Suggests Low Retail Growth CoinDesk
- Bitcoin Surges to $50,000 for the First Time Since 2021 on ETF Demand Yahoo Finance
- Crypto stocks, funds rally after bitcoin tops $50,000 for first time since 2021 MarketWatch
- Cryptocurrency Market News: Bitcoin Scales $50K Investopedia
- Bitcoin's Recent Rally Above $50,000 Coincided With A Huge Improvement In Sentiment Forbes
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