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Myriad Moves: Traders Flip on Gold vs Ethereum, Solana Sentiment Sinks

The cryptocurrency market is experiencing a downturn, particularly impacting Ethereum (ETH) and Solana (SOL). As ETH's price falls to approximately $3,181, predictors on Myriad now believe gold will hit $5,000 before Ethereum, reversing previous trends where ETH had the favor. Predictors’ confidence in gold’s price increase has risen, giving it a 51.4% chance of reaching that mark first. In contrast, sentiment around Solana has also soured, with its price dropping nearly 52% to around $141.63. The odds of SOL hitting a new all-time high by year-end have plummeted to just 10.4%, reflecting a significant decrease from earlier predictions.

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