The crypto market turned green on Wednesday (26/1) night, with the price of
Bitcoin breaking through US$ 38,000. However, 7 cryptocurrencies that are in
the top 100 of the world's largest market cap have made huge profits.
Referring to CoinMarketCap data on Wednesday (26/1) at 21:20 WIB, Bitcoin
price was at US$ 38,428.98 or up 4.68% in the last 24 hours.
At the same time, 7 cryptocurrencies that are in the top 100 of the world's
largest market capitalization are making huge profits:
- Polygon rose 15.2% to $1.69
- Near Protocol up 14.29% to US$ 12.36
- Helium rose 18.65% to US$ 28.11
- Gala rose 19.83% to US$ 0.22
- Loopring rose 24.24% to $1.13
- Waves rose 33.09% to US$ 11.07
- Secret rose 17.97% to $6.43
One of the drivers of Polygon's price is the presence of Ryan Wyatt,
YouTube's Head of Gaming who announced Tuesday (25/1) that he will be
leaving YouTube next month to join Polygon Studios.
“It is bitter news to share that I am leaving @YouTube. I have loved every
minute of my time here, but now it is time for my next venture,” Wyatt said
on Twitter, as reported by CoinGape.
"I'm excited to announce that I will be joining @0xPolygon ($MATIC) as CEO
of their Polygon Studios. Thank you for the memories!" he added.
The rapid expansion of the crypto space with exciting new blockchain
technology has attracted some of the top talent from the tech field. On the
other hand, Polygon is one of the fastest growing Ethereum Layer-2
scalability solutions.
However, some analysts say, if the US central bank, the Fed tightens policy,
it could lead investors to flee to safer assets, which in turn could lead to
further declines in cryptocurrency prices.
“If regulators tighten their rhetoric and announce an impending rate hike in
early March, all risk assets, including cryptocurrencies, could suffer
significantly,” Alex Kuptsikevich, Senior Financial Analyst, told CoinDesk.
