When it rains, it pours, even in the cryptocurrency industry. Bitcoin is raining down upon all other currencies and eroding their support levels in rather quick succession. Even the Tron price is under a lot of pressure right now, as its value has dipped below $0.022 again. Retaining the current price point in USD and BTC value will pose its own set of challenges, for obvious reasons.
Tron Price Trend Doesn’t Look Promising
It is only normal all other markets lose value when Bitcoin starts losing value again. Why this is happening now, of all times, is difficult to explain. It seems Bitcoin does its own thing first and foremost, but it doesn’t bode well for the alternative markets so far. When even Tron is bleeding value all over the place, everyone can see things are not looking too great. However, there is always a chance the markets will recover when people least expect it.
Over the past 24 hours, the Tron price has lost 5.7% in USD value and 3.3% in BTC value. These declines drive the price down to $0.021684, or 576…