Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
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A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.
Bitcoin’s price is slipping while the amount of ether parked in DeFi is stuck in neutral.
Bitcoin’s price hit $13,600 before retrenching while some investors pulled crypto out of DeFi.
Bitcoin's price forecast is looking bullish heading into the weekend. Meanwhile, DeFi investors doubled the total value locked in dForce.
DeFi and the prospect of trading futures have crypto investors scooping up ETH.