Crypto Assets Surge as Bitcoin Nears $50K, Investor Interest Remains Muted
• Solana's SOL token jumped 8% to lead gains among major cryptocurrencies as Bitcoin briefly crossed $50K • Ethereum and layer-2 tokens like LDO, ARB, MNT rose 6-7% on news of a planned spot ETH ETF by Franklin Templeton • Bitcoin spot ETFs have amassed over 192,000 BTC since launching a month ago • Google search interest for Bitcoin is at an all-time low compared to price, suggesting low retail investor interest • Traders caution price retracements in the short-medium term are still possible due to lack of near-term price catalysts