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BTCC / BTCC Square / Coindesk /
Solana Surges 6% as Bitcoin Holds Steady Near $84K Amid Reduced Rate Cut Expectations

Solana Surges 6% as Bitcoin Holds Steady Near $84K Amid Reduced Rate Cut Expectations

Author:
Coindesk
Published:
2025-04-17 06:19:38
15
2

SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes

Solana (SOL) experienced a notable 6% price increase, while Bitcoin (BTC) maintained its position around the $84,000 mark. This market movement comes as investor optimism for near-term interest rate cuts by central banks has diminished, influencing cryptocurrency valuations. The resilience of Bitcoin at this price level suggests strong investor confidence, whereas Solana’s sharp uptick highlights its growing prominence in the altcoin sector. Market analysts are closely monitoring these trends for indications of broader market direction in the coming weeks.

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