Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO
The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.
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Bitcoin’s price is slipping while the amount of ether parked in DeFi is stuck in neutral.
Bitcoin’s price continues its upward trend while ether holders withdraw crypto from DeFi.
Bitcoin’s price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi.
Bitcoin fell by over $3,300 while options traders see ether going higher.
Bitcoin and ether price fell precipitously Monday as markets globally roil in uncertainty.