A bullish week for crypto: gainers, losers, and trends to watch
The cryptocurrency landscape witnessed a mix of growth and setbacks this week. While Bitcoin and Solana experience surges, Ethereum and Tron face challenges. What’s driving the market? The cryptocurrency market has shown a predominantly positive trend over the week. Most coins have reflected bullish sentiments, indicating a potentially strong period for the crypto industry. Bitcoin (BTC) is trading at around $27 as of Oct. 6, marking a 2.5% growth over the week. This uptick is largely attributed to the anticipation of the U.S. SEC’s approval of a Bitcoin ETF. Ethereum (ETH), however, displayed a different trend. Its price decreased by around 2.2% over the week, settling at $1,6. Meanwhile, Solana (SOL) stood out with its performance, registering a significant 16% surge. As of Oct. 6, its value has reached $23. Furthermore, according to DeFi LIama, the total value locked (TVL) in Solana reached its year-high at $330, suggesting increased activity and investor sentiments....