Ethereum (ETH) traded in the red at press time on Sunday night amid uncertainty whether
Tesla Inc (NASDAQ:TSLA) Elon Musk hinted at dumping the automaker’s cryptocurrency holdings but there is one coin that bucked the trend over the past week.
What Happened:
Polygon (MATIC) has soared 69.63% over a seven-day trailing period leading up to press time. On a 24-hour trailing basis, MATIC traded 1.99% higher at $1.65.
Contrast this to BTC, which has fallen 22.82% in a seven-day period, and ETH which has declined 11.29%.
At press time, on a 24-hour trailing basis, BTC was down 4.48% to $45,398.65, while ETH traded lower by 9.2% at $3,440.47.