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Cryptocurrency News Video

Tron's TRX Faces Rising Risk of Bearish Momentum After High-Volume Drop to 27 Cents

May 31, 2025 at 07:12 pm Crypto World Daily

High trading volume points to potential further downward pressure on TRX prices. Tron's native token, TRX, faced intense selling pressure in the past 24 hours, marking a price from 27.7 cents to 27 cents. The high-volume decline happened alongside turbulence in the broader market influenced by geopolitical tensions and evolving investor sentiment. These macroeconomic factors compound the challenges already presented by high trading volumes. However, the final hour of analysis revealed some market resilience, where TRX slightly recovered from a dip below 27 cents. “AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy. Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot. https://www.coindesk.com/markets/2025/05/30/tron-s-trx-faces-rising-risk-of-bearish-momentum-after-high-volume-drop-to-27-cents #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
Video source:Youtube

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