Market Wrap: Bitcoin Briefly Slips Below $19,000; ETH Locked in DeFi Crosses ...
A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.
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Bitcoin’s price is slipping while the amount of ether parked in DeFi is stuck in neutral.
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped 8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84% dominance. Value Locked in Defi Takes a Hit, TVL Down 2.8% in 24 Hours Since digital currency markets have been dropping in value during the last few days, the value locked in decentralized finance has slipped as well. In four days, the TVL in defi dropped 8.55% from $255.84 billion to today’s....
Bitcoin’s price takes a break while DeFi value locked is at record levels.
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.