Cryptocurrencies Price Prediction: TRON, ETF & Crypto – European Wrap 17 October

TRON surpasses 190 million accounts while TVL extends uptrend ing daily user base, reaching its annual peak in June 2023 with 3.8 million active users. Despite a post-June peak decline, the blockchain's fundamentals and increasing Total Value Locked indicate a positive picture for the blockchain. Here’s what to expect from Bitcoin price after false ETF approval rumors Bitcoin price suffered a major pump-and-dump on Monday after false reports of a spot ETF approval.

The ETF rumor pushed BTC to retest the $30,000 psychological level and it currently trades around the $28,369 support level. This is the midpoint of the $24,888 and the 31,850 range, formed between July 13 and September 11. The crypto market went uphill The crypto market cap rose 1.5% over the last 24 hours to $1.091 trillion. Yesterday, the market surged briefly on the false news of Bitcoin spot ETF approval. But interestingly, the ensuing market tide did not derail the short-term upward trend.

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