29 Nov Crypto Market Recovers, TRON Surges 33%
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Within the past 24 hours, the crypto market has added $19 billion to its valuation as the price of Bitcoin (BTC) surged to $4,300.
After dropping to the low $3,000 region, Bitcoin engaged in an unexpected price rally, rising by more than 15 percent on a single day.
The newly established momentum of Bitcoin allowed the rest of the cryptocurrency market to recover. Major digital assets like Stellar (XLM), Cardano (ADA), Monero (XMR), and TRON (TRX) recorded gains in the range of 7 to 25 percent.
TRON’s 33% Price Surge
In a 24-hour span, the price of TRX spiked 33 percent from $0.012 to $0.016, recording the largest daily gain out of all major cryptocurrencies.
The sudden increase in the price of TRX is said to have been triggered by the integration of TRON by BitTorrent, the world’s most widely utilized torrent client.
In July,…
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