
What is Happening to Bitcoin and Cryptocurrency Market?
Bitcoin, the world’s largest crypto asset by market cap, is down nearly 40% since hitting a record of just under $65,000 in mid-April. With this Bitcoin plunge, the overall cryptocurrency market is in a downtrend.






![Bitcoin's [BTC] Dive To $30K Triggers Outage In Crypto Exchanges](https://crypto-economy.com/wp-content/uploads/2021/05/elena-mozhvilo-nhYK4qIv9Pg-unsplash-e1621446006141.jpg)
![Polygon [MATIC] Skyrockets By ~160%; But Data Might be Exaggerated](https://crypto-economy.com/wp-content/uploads/2021/05/1_rCmX30IrHpqteFNB9ekDJw-scaled-e1621361256277.jpg)

