Global Crypto Market Value Fell By Over 2% Today. (Polygon) MATIC/USD, CRO (Crypto.com) and TRON/USD (US Dollar)

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Summary:

  • Market sentiment and current market conditions remain main drivers in the prices of crypto currencies.
  • TRON (TRX) planning a decentralized stablecoin.

Polygon USD

Along with most other cryptocurrencies in the market, the price of MATIC has fallen over the course of today. Market sentiment, current market and economic conditions along with the ECBs intention to regulate the crypto market are all factors currently affecting the price of cryptocurrencies.

Global Crypto Market Value Fell By Over 2% Today. MATIC-USD, CRO and TRON-USD - 1

Polygon USD Price Chart


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Cryptocoin.com (CRO USD)

Crypto coin price is following the same trends as the rest of the crypto market by reflecting losses in its price overall today. The crypto market has weak investor confidence in general due to the lack of regulations attached to these coins, we hope to see more stability and more long term investors going forward inlight of the ECBs intention to regulate this market.

Global Crypto Market Value Fell By Over 2% Today. MATIC-USD, CRO and TRON-USD - 2

Cryptocoin.com Price Chart

Tron Coin plans a decentralized stable coin.

Tron is a blaock-chain based decentralized trading platform with its own cryptocurrency. Whilst most other cryptos fell in price today, Tron's price saw a rise in the first half of the trading day,the price rise came amidst the coin's plans for a decentralized stablecoin. However, overall the price has fallen by almost 6,5%.

Global Crypto Market Value Fell By Over 2% Today. MATIC-USD, CRO and TRON-USD - 3


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 Tron USD Price Chart

Sources: Finance.yahoo.com, coinmarketcap.com

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Rebecca Duthie

Remote Editor and writer Intern
FXMAG.COM

Rebecca has a bachelors degree in Investment Management, a Post Graduate Diploma in Financial Planning and is currently enrolled in a Masters program in International Management with a Specialization in International Finance.