Tron (TRX) Soars 8% Daily While Bitcoin Flatlines at $30K (Market Watch)

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Most of the market remains completely flat in the past 24 hours, but TRX is pumping ahead.

The past 24 hours in the cryptocurrency markets saw the total capitalization increase by some $6 billion. In other words, not much happened. Some of the major coins are charting ever-so-slight gains, but in general, the trend remains largely rangebound.BTC Price Flat at $30K

As you can clearly see in the chart below, the past 24 hours didn’t provide anything of substance when it comes to Bitcoin’s price in particular. The cryptocurrency continues to flirt with $30K, but neither side can manage to take control. The bulls have failed to recapture the level decisively, while the sellers are also unable to push the price toward another support zone.To this, the altcoins have also failed to capitalize on BTC’s stagnation. This is clearly reflected in Bitcoin’s dominance – the metric that tracks its share relative to that of the rest of the market. It’s also remained flat at 46.6% in the past 24 hours.

 

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