Polygon’s MATIC Soars After Disney Deal As Crypto Moves Higher
— Price, Moves, Higher, Crypto, Trading, Market, Token, Polygons, Polygon, Federal — 1 min read
Polygon's MATIC token is today’s top performer according to Forbes Digital Assets leaderboard. MATIC is trading at 69 cents, up 20% over the last day, at its highest level in a month. This comes as Polygon is joining Disney's Accelerator program. The global cryptocurrency market capitalization is $924 billion, a 5% increase over last day. Yesterday's U.S. consumer price index release showed a new four-decade high of 9.1%, causing bitcoin's price to slide minutes after the release of the CPI data. This recent CPI data suggests the Federal Reserve may intensify federal funds rate hikes as it concentrates on fighting inflation, according to the CoinMarketCap.com reports. Source