Why is Bitcoin going down now? Why is crypto falling now? | humayoon jan on Binance Square

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Why is Bitcoin going down now?
Why is crypto falling now? 
Crypto is falling due to profit-taking after a strong week-long rally driven by macroeconomic optimism, including lower U.S. inflation, strong Chinese tech earnings, and a U.S.-China trade agreement
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is this a glitch? 24h high show 4.93 but in chart it show 4.76 $DOT

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$TRX United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network’s native token, TRX TRXUSD regulatory filings show. According to CoinMarketCap, the TRX token has a total market capitalization of more than $22 billion. Staking TRX generates an annualized yield of approximately 4.5%, data from Stakingrewards.com shows. Tron is a proof-of-stake blockchain network founded by Justin Sun, who also owns Rainberry (formerly Bittorrent), the developer of the BitTorrent protocol.

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#TRXETF SEC faces new ETF bit with taking component Notably, the Securities and Exchange Commission (SEC) has been flooded with different ETF filings for XRP, Solana and even Dogecoin. When the rumors of a spot Tron ETF filtered in, some doubted the news' authenticity. Will ETF filing spark Tron rally? Tron recently flipped Cardano to become the ninth-ranked crypto asset by market capitalization. The asset has shown impressive growth, with a 122.17% increase in the past year. In the last 30 days, TRX has recorded a 5.52% growth rate. As of this writing, TRX was trading at $0.2417, representing a 1.23% decline in 24 hours, per CoinMarketCap data. Market observers anticipate a rally with TRX following Sun’s confirmation of the ETF filing. It is also likely that other asset managers will become interested in and file for a spot Tron ETF. They might be swayed by Tron's recent performance against Bitcoin and Ethereum and its future potential.

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