Bitcoin Defends $20K Amid Enhanced Volatility, Polygon Skyrockets 25% (Market Watch)

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Bitcoin Defends $20K Amid Enhanced Volatility, Polygon Skyrockets 25% (Market Watch)
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MATIC is the most impressive gainer from the larger-cap altcoins, while bitcoin managed to sustain above the coveted $20K level.

that bitcoin miners had to sell all of their mined BTC in May to cope with the declining prices.that the recently-launched inverse Bitcoin ETF is a good sign for the crypto industry.Ethereum continues with its fight to decisively reclaim $1,100. Yesterday, it dipped below that line, but a minor 2% increase on a daily scale has pushed the second-largest crypto to just over it.

BNB is up by 5% in a day and sits close to $225. ADA, XRP, DOT, and Dogecoin have also charted some gains since yesterday. Solana has increased by more than 7% and trades north of $35. Shiba Inu is among the most substantial gainers, following another 9% jump. Consequently, SHIB is now at $0.00001. Nevertheless, MATIC stands above all with a massive 25% price surge. As a result, the asset has risen to $0.5.

More daily gains come from Cosmos , Enjin Coin , Uniswap , THORChain , The Sandbox , Storj , and others.Cryptocurrency Market Overview. Source: Quantify Crypto

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