Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing 'Bull Trap'
Summary
Bitcoin's rally took a pause as ether (ETH) and solana (SOL) surged to fresh highs. BTC dipped to $43,000, while ETH reached $2,372, its highest level since May 2022. Other ETH-adjacent cryptocurrencies also saw gains. SOL jumped over 8% to $69, and there are speculations of a bullish weekend for altcoins. Traders are concerned about a potential "bull trap," but this belief could actually push BTC towards $50,000.
