Polygon (MATIC) sees a strong oversold bounce after $250B crypto




Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825.

The gains surfaced amid a synchronous rebound across the crypto market that started on Jan. 24. In detail, investors and traders poured in over $250 billion across digital assets, benefiting (BTC), Ether (ETH) and many others in the process.

Performance of the top-fifteen cryptocurrencies in the last 15 days. Source: TradingView
daily price chart. Source: TradingView

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