Why Bitcoin, Ethereum, and Polygon All Dropped Today

What happened

Volatility in the crypto market has continued to take bearish form today. Leading cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Polygon (CRYPTO:MATIC) all saw significant drops in early trading today. As of 1:30 p.m. ET, Bitcoin and Ethereum both traded slightly more than 4% lower, with Polygon down around 8.5% over the past 24 hours.

It appears much of this move is a continuation of what we’ve seen this week in…


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