This upward trend is mirrored in Google Trends, where search interest for Bitcoin has increased by 49% globally, with notable spikes observed in regions such as El Salvador and Nigeria.
Ethereum (ETH) has experienced a sharp decline of 10.8%, falling below $3,500.
Other prominent altcoins, including Cardano (ADA), Chainlink (LINK), and Dogecoin (DOGE), have also seen significant downturns.
These developments suggest a shift in market dynamics, with increased retail interest in Bitcoin potentially influencing its price trajectory.
However, the volatility observed in altcoins underscores the inherent risks within the cryptocurrency market.
Investors should exercise caution and conduct thorough research before making investment decisions.
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