TRON's latest weekly report examines the potential for a 'Santa Rally' in the cryptocurrency market, driven by Q3 GDP data. Despite cautious market sentiment due to slower U.S. job growth and moderated inflation forecasts, there is speculation about a year-end rally. Bitcoin is currently trading near $89,000, albeit with low trading volume.
Additionally, the report highlights Acurast's successful $16.4 million funding round aimed at expanding its decentralized mobile-based computing network. The report provides insights into macroeconomic trends and their potential impact on risk assets, emphasizing the importance of economic indicators in shaping market dynamics.
TRON Weekly Report Highlights Potential 'Santa Rally' Amid Economic Shifts
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