🚨Factors Affecting the Market🚨
• U.S. Interest Rate Expectations:
Data from the U.S. private sector employment (ADP) showed unexpected weakness, reinforcing bets that the Federal Reserve will cut interest rates at its meeting on October 29. This scenario supports high-risk assets like cryptocurrencies.
• Global Events:
The TOKEN2049 event saw prominent participation from industry leaders, including Justin Sun, the founder of TRON, reflecting the continued growth of the crypto sector in terms of innovation and global expansion.
• Emerging Projects:
The market is also witnessing increasing interest in new projects like MUTM, which has completed the sale of 55% of its tokens in the presale phase and is preparing to raise the price by 15% in the upcoming phase.