$TRX-USD

TRON

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Easing Bond Yields, Falling Crude Oil Prices Lift Cryptos

Cryptocurrencies rebounded on Friday due to easing bond yields, falling crude oil prices, and a weaker dollar. Bitcoin (BTC) rose 1.6% to $84,731.68, while Ethereum (ETH) gained 3% to $2,723.05. Aggregate crypto market cap increased 2.5% to $2.91 trillion. Several top cryptocurrencies saw significant gains, with Quant (QNT) up 36%. Bitcoin Spot ETF inflows declined to $191 million.

Bitcoin Plunges With Big Bond Selloff

Bitcoin (BTC) dropped below $83k in 24 hours amid a bond market selloff and Fed rate hike fears. U.S. PMI data showed unexpected jumps in manufacturing and service sectors. Crypto market cap fell 2.6% to $2.84T. Bitcoin ETF inflows declined to $347M. Ethereum (ETH) also dropped 2.7%. Other cryptocurrencies like XRP and Zcash saw significant declines.

TRON surpasses $30T in total transaction volume as it secures its place as leading chain for stablecoins

TRON DAO announced that the TRON blockchain has surpassed $30 trillion in total transaction volume, driven by stablecoin activity. The network has 405 million user accounts, 15 billion transactions, and $28 billion in total value locked. TRON leads in USDT transfers, with $6 trillion year-to-date, and holds the highest share of crypto payment card volumes, according to CoinDesk Research.

TRX-USD sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 9 news stories mentioning TRX-USD (TRON). Coverage has skewed bullish: 4 bullish, 3 neutral, and 2 bearish.

What's driving TRX-USD

AlphAI scores every news story that mentions TRX-USD with an AI model for sentiment and relevance, and aggregates insider trades from TRON's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $TRX-USD

Score

Easing Bond Yields, Falling Crude Oil Prices Lift Cryptos

Cryptocurrencies rebounded on Friday due to easing bond yields, falling crude oil prices, and a weaker dollar. Bitcoin (BTC) rose 1.6% to $84,731.68, while Ethereum (ETH) gained 3% to $2,723.05. Aggregate crypto market cap increased 2.5% to $2.91 trillion. Several top cryptocurrencies saw significant gains, with Quant (QNT) up 36%. Bitcoin Spot ETF inflows declined to $191 million.

Bitcoin Plunges With Big Bond Selloff

Bitcoin (BTC) dropped below $83k in 24 hours amid a bond market selloff and Fed rate hike fears. U.S. PMI data showed unexpected jumps in manufacturing and service sectors. Crypto market cap fell 2.6% to $2.84T. Bitcoin ETF inflows declined to $347M. Ethereum (ETH) also dropped 2.7%. Other cryptocurrencies like XRP and Zcash saw significant declines.

TRON surpasses $30T in total transaction volume as it secures its place as leading chain for stablecoins

TRON DAO announced that the TRON blockchain has surpassed $30 trillion in total transaction volume, driven by stablecoin activity. The network has 405 million user accounts, 15 billion transactions, and $28 billion in total value locked. TRON leads in USDT transfers, with $6 trillion year-to-date, and holds the highest share of crypto payment card volumes, according to CoinDesk Research.

Tron: Binance Wallet Cuts TRX Gas Fees to Zero | Flash News Detail

Tron founder Justin Sun announced zero gas fees for USDT and TRC-20 tokens on the TRON network via Binance Wallet from September 23, 2023, to December 22, 2026, with limited spots. TRX is trading at $0.34, with technical indicators showing mixed signals. The fee reduction aims to boost TRON network adoption and TRC-20 token transfer volume.

Bitcoin Rally Pauses

Bitcoin (BTC) fell 0.41% to $85,706.61, pausing a recent rally. Crypto market cap is $2.91T, down 0.28%. Bitcoin ETF inflows dropped to $715M, led by IBIT ($350M). Ethereum (ETH) fell 0.49% to $2,731.15. Other cryptos saw mixed performance, with BCH up 28.7% and PUMP down 9.4%.

$TRX-USDMed

Investors Can Now Invest in the Surging Tron Cryptocurrency Via an ETF. Here's What Crypto Investors Need to Know.

Canary Capital launched the first ETF focused on Tron (TRX), the eighth-largest cryptocurrency by market cap. The Canary Staked TRX ETF (TRXS) reached $50.3 million in assets under management in its first week. It aims to provide exposure to Tron and leverage its proof-of-stake process, with an annual fee of 1.1%. Tron's network is notable for its role in stablecoin transactions, offering fast, low-cost transactions.

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