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TRX Posts Gains While the Rest of the Top 10 Cryptos Slumped -Breaking

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© Reuters. The TRX posts gains while the rest of the top 10 cryptos slump
  • The entire cryptocurrency market lost around 7% over the past week.
  • While crypto has posted big losses, benchmark equity indices, such as the NASDAQ 100 and the S&P 500, are rising after falling for seven weeks.
  • TRON, the top-20 crypto project with gains last week, saw its native token go up by 11%.

The entire cryptocurrency market lost around 7% over the past week. Equities, however, are experiencing a relief rally.

A rival project, is among the top 10 cryptocurrency market caps. This has caused the worst impact on the list. Avalanche’s native token, AVAX, is down 22% over the last week – dropping from $29.55 to $23.01.

Based on data from TradingView, Blockworks compiled, (XRP is down by 7% and (DOT is down by 3.3%), while (BNB is down by 2.5%). BTC, the market leader fell 4.6% during that same period.

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