Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH
Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.
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Bitcoin’s price hit $13,600 before retrenching while some investors pulled crypto out of DeFi.
Bitcoin’s price continues its upward trend while ether holders withdraw crypto from DeFi.
The investor spotlight is now shining on DeFi tokens and trading.
Bitcoin’s price hit a 2020 record as ether’s share of the market dips.
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.