In this paper we study the topology of moduli spaces of tropical curves of genus g with n marked points. We view the moduli spaces as being embedded in a larger space, which we call the moduli space of metric graphs with n marked points. We describe the shrinking bridges strong deformation retraction, which leads to a substantial simplification of all these moduli spaces. In the rest of the paper, this reduction is used to analyze the case of genus 1. The corresponding moduli space is presented as a quotient space of a torus with respect to the conjugation Z(2)-action; and furthermore, as a homotopy colimit over a simple diagram. The latter allows us to compute all Betti numbers of this moduli space with coefficients in Z(2).