Polygon Falls More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has decreased 5.51% over the past 24 hours to $0.73, continuing its downward trend over the past week of -16.0%. Trading volume has climbed 60.0% over the past week, and the circulating supply has increased 0.45% to 9.29 billion.
June 09, 2023 | 7:00 pm
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Polygon's (MATIC) price has dropped 5.51% in 24 hours and 16.0% over the past week. Trading volume has increased 60.0% and circulating supply has risen 0.45%.
The price of Polygon (MATIC) has decreased significantly in the past 24 hours and over the past week, indicating a bearish trend. The increase in trading volume and circulating supply may contribute to the downward pressure on the price. As a result, the short-term impact on MATICUSD is likely to be negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100