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Cryptocurrency News Articles

Justin Sun's Cryptic Tweet About "TRX=BTC" Has Sparked Interest in a Growing Correlation Between Tron's TRX and Bitcoin.

Apr 26, 2025 at 06:22 pm

TRX shows a significant 0.37 correlation with Bitcoin, exceeding that of other major cryptocurrencies. Increased market activity and positive sentiment surround TRX, with rising prices, trading volume, and active addresses.

Justin Sun's Cryptic Tweet About "TRX=BTC" Has Sparked Interest in a Growing Correlation Between Tron's TRX and Bitcoin.

When Justin Sun speaks, the crypto world listens. And today, the Tron founder had everyone talking with a cryptic tweet hinting at an unexpected correlation between Tron’s native token, TRX, and Bitcoin (BTC).

"TRX=BTC," Sun posted on X (formerly Twitter).

The post quickly drew attention from crypto traders and enthusiasts, who were eager to understand what the billionaire was alluding to. After all, Sun’s cryptic posts usually precede major announcements that shake the market.

His tweet comes as TRX is showing a significant correlation with Bitcoin, which has been a hot topic of discussion in the crypto community. In fact, recent on-chain data shared by Tron ambassador @0xKingsKuan reveals that TRX has demonstrated an astounding correlation with BTC over the past 30 days.

TRX has a correlation of 0.37 with BTC, compared to other major coins like ETH at -0.14, DOGE at -0.08, and AVAx at -0.17.

"Isn't this a miracle?," Sun remarked in response to the data shared by the ambassador.

To put this in perspective, a correlation of 0.37 suggests a moderate positive linear association between TRX and BTC price movements over the 30-day period. This is relatively strong, especially considering the token's position in the broader crypto market.

For instance, while TRX’s correlation with BTC is 0.37, major tokens like ETH, DOGE, and AVAx have shown very little to no correlation with BTC over the same time frame.

The correlation between TRX and BTC is quickly increasing. It is now 0.37 over the past 30 days. This makes TRX more closely aligned with BTC than other prominent tokens like ETH, DOGE, or AVALANCHE. Yes, I’m as shocked as you are.

Isn't this a miracle? https://t.co/8QpReP8SCk

— H.E. Justin Sun (@justinsuntron) April 25, 2025

This correlation is also noteworthy because it deviates from the typical patterns observed among other major tokens. The data shared by the ambassador indicates that major tokens like ETH, DOGE, and AVAx have displayed very little to no correlation with BTC over the past 30 days.

As of 09:35 AM ET on Thursday, TRX is trading at $0.1592, showing a 3.7% increase for the 24-hour period.

The post brought attention to the fact that TRX has experienced a surge in market activity, with a 28% increase in trading volume over the past seven days, reaching 1.2 billion TRX.

Furthermore, the number of active addresses on the Tron network has risen by 15%, reaching 2.1 million. Additionally, the TRX/BTC trading pair registered a 2.5% gain, further highlighting the positive sentiment surrounding Tron.

The post also highlighted the integration of AI and blockchain technology in 2025, which could be a factor contributing to the surprising correlation.

Earlier this year, there was a standoff between the US SEC and Sun, which brought the Tron founder into the spotlight. He is known for his lavish spending habits, which includes a $30 million contribution to World Liberty Financial (WLF).

The post Justin Sun Reacts As TRX Shows Uprising Correlation With Bitcoin appeared first on Benzinga.

Photo: Benzinga collage; H.E. Justin Sun on X (formerly Twitter)

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Other articles published on Apr 27, 2025