Saturday, October 1

DeFi Sector Tokens Offer Safe Haven As Bitcoin Falls Below $ 48,500 By CoinTelegraph

DeFi Sector Tokens Offer Haven As Bitcoin Falls Below $ 48,500

The crypto market slid lower on December 28 as the price of () lost nearly $ 4,000 in value in a matter of hours and the bulls are now looking to secure a support at $ 48,500 to avoid further losses.

Amid the market-wide downsizing, the decentralized finance (DeFi) sector of the crypto ecosystem has offered some traders shelter from the storm, with several tokens posting gains of more than 30%.

  • Bitcoin daily losses approach $ 4,000 as the S&P 500 hits its 69th all-time high in 2021

The top 7 currencies with the highest price gains in 24 hours. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest winners in the last 24 hours were Harvest Finance (FARM), QuickSwap (QUICK) and Aragon (ANT).

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.