Polygon (MATIC) Faces Decline Amid Rising Selling Pressure and Market Sentiment

1 min read

11 months ago bitnews

The altcoin market faces persistent challenges despite encouraging on-chain data. Bitcoin’s (BTC) price drop was influenced by higher-than-anticipated Producer Price Index (PPI) figures released before the US market opened. This rise in PPI, while still under 3%, could foreshadow higher consumer inflation and further crypto market declines. This article explores the impact of recent economic