Cryptocurrencies Price Prediction: Bitcoin & Ethereum – European Wrap 23 October
|Bitcoin breaks $30K barrier but awaits monthly close for bullish confirmation
Bitcoin breached the crucial $30,000 mark once again on Monday after the global crypto capitalization registered gains. Crypto analyst CredibleCrypto noted on X that some are waiting for a monthly close above the crucial level to confirm the bullish momentum.
Ethereum Layer 2 network Scroll TVL surges 1,500% days after launch
Ethereum Layer 2 network Scroll has experienced a surge in its total value locked (TVL) to $15 million. This comes days after its official launch on October 17, according to data by L2Beat. This rapid growth has sparked competition among networks that use Ethereum's capabilities through zero knowledge technology and Ethereum Virtual Machine (EVM) compatibility.
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