Toncoin Price Analysis: How Low Inflation Rate Could Drive a Bullish Rebound

Quick Summary:

However, the sell-off had a shallow impact on the altcoin market as the recent launch of Spot Ethereum ETF uplifted the general market sentiment.

On Monday, the cryptocurrency market witnessed a sudden downtick as Bitcoin recorded a 2.5% dip in the U.S.trading session.

This support intact since May 2024 can assist the TON buyers to recuperate the bullish momentum.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Toncoin price analysis Price Analysis TON

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 20:10:32 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21755836

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