Cryptocurrencies are trading amid tariff-induced volatility ahead of the release of the Federal Reserve's (Fed) Minutes for the June meeting on Wednesday, with Bitcoin's (BTC) price displaying technical weakness below the resistance level of around $109,000.
Bitcoin (BTC) closed a strong second quarter (Q2), recording nearly 30% in quarterly gains amid rising corporate and institutional demand and bullish market sentiment.
Tron (TRX) appears to be on the verge of a bullish move on Friday as it consolidates between support at $0.2704 and resistance at $0.2751. A technical buy signal on the 4-hour chart reflects rising activity on the Tron blockchain, whose transactions have almost doubled since 2023.