Bitcoin (BTC) Prices Back Over $51K, MATIC Leads Majors Drop; Nvidia’s Earnings Reignites AI-Token Rally
![](https://cryptonewswire.org/wp-content/uploads/https://www.coindesk.com/resizer/kKQ7SFatMq7Kuqyqz22_RmKM3Qg=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JKFZDZCFB5BVXFWY6CJPBAOHKU.jpg)
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%.