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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Tron and Arbitrum are catalyzing a short-term rise, while BlockDAG is building momentum for long-term growth.
Gate News bot message, Tron (TRX) is steadily rising, driven by political news and increasing investor interest, and is receiving a lot of attention. Arbitrum (ARB) has also quietly returned, with its price movement breaking through key resistance levels. Although these two tokens are driven by short-term catalysts, BlockDAG (BDAG) is building long-term growth momentum with strong data.
Recently, it has been reported that a new stablecoin related to US President Trump will be launched on the TRON network, with the TRX price rebounding from the $0.11 range and breaking through to $0.13. This news has sparked heated discussions, particularly in the US trading circle.
Analysis suggests that TRX bulls currently view $0.30 as the next key point. Analysts believe that if trading volume remains stable, this rise could continue. RSI data is climbing, indicating an increase in market strength. Traders are closely monitoring whether this wave of speculation will translate into sustained growth or if it will gradually fade like previous rises.
Although the fundamentals of TRX remain largely unchanged, this political connection has indeed provided a brief boost for TRX. This bet carries a higher risk, but some believe it is a short-term opportunity worth following.
Source: Coindoo