Bitcoin (BTC) fell to as low as $50,700 late Wednesday, while ether (ETH) dropped just under $2890 before reversing some losses. Polygon’s MATIC led losses among crypto majors, slipping 7%, while Cardano’s ADA and XRP were down as much as 5%. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and most liquid cryptocurrencies, dropped 1.2%.

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• Source: https://www.coindesk.com/markets/2024/02/22/bitcoin-back-over-51k-crypto-market-recovers-as-nvidia-earnings-rejuvenates-ai-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines