TRON price jumps by 14% after BitTorrent acquisition; cryptocurrency market up by $12 billion

The cryptocurrency market has moved upwards and added $12 billion in the last 24 hours. The current market capitalisation is above $290 billion dollars. While most cryptocurrencies are in the green, TRON has jumped by 14% over the last 24 hours and is trading close to $0.05. This spike has mostly after confirmation that TRON Founder Justin Sun has acquired BitTorrent for $140 million. It is still not clear how TRON is going to leverage BitTorrent within its network, but its peer-to-peer technology will definitely be an asset for TRX.

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