According to CoinMarketCap, Bitcoin drops by 2.08% to $3,596.43. This seems the biggest world’s digital token fall to a fresh 3 weeks new low recently testing the $3,500 level.
Yesterday morning, there were few reports showing some attention:
- Japan clears that it will not grant crypto ETFs
- The U.S. local agency passes the crypto regulations for startups
- Bitmain mining giant reveals its management shuffle
There are various factors resulting in these price fluctuations of cryptocurrencies. You can consider it as hacking activities, crypto regulations; blockchain potential education courses, etc. might be the influencing factors. However, the recent news also plays a role for the adoption and denial for these values drop out:
- Monero (XMR) was again in the spotlight facing clashes
- Russian legislators are now starting to focus on cryptocurrency laws
Still, among these Tron remains positive while considering the price and volume supply. The Tron cryptocurrency is operating by 4.09% around $0.0237 positive bar. Justin Sun, the creator of Tron is always positive about this specific cryptocurrency to rule the space and become one amongst the leading coins.
Soon, it seems to fuel up the speed and back off majority of the trending cryptos. Recently, Justin Sun shares an influencer tweet saying:
The 24hr volume on TronBet today is 1.1B TRX or $25M.
The 7 days vol. is $104M.
None of the other DApps from EOS is even coming close in terms of transaction in dollars.
EOS Dice has $8.1M in volume and it is their best performing DApps.
Tronbet is the clear market leader. pic.twitter.com/eeak6q86gA
— Tommy Mustache #❤️❤️❤️ (@MustacheTommy) January 14, 2019
Yesterday, the 24hr volume of Tron was 1.1B TRX, or say $25M, with its weekly volume as $104M. Till date, there are no other DApps from EOS which seems close to it with regards to a transaction in dollars.
What are your views on the crypto price drop? Share your thoughts in our comments section.