Bitcoin (BTC) fell to as little as $50,700 late Wednesday, whereas ether (ETH) dropped just below $2890 earlier than reversing some losses. Polygon’s MATIC led losses amongst crypto majors, slipping 7%, whereas Cardano’s ADA and XRP have been down as a lot as 5%. In the meantime, the CoinDesk 20 Index (CD20), a benchmark for the largest and most liquid cryptocurrencies, dropped 1.2%.
