“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin.
Related Posts
Ethereum Network Activity Reveals Structural Weakness Beneath The Surface – Analyst Explains
Ethereum has lost the $2,000 level as support, a development that marks a significant deterioration in the recovery that had been building since the February lows. The breach of that psychological threshold has sharpened concern across the market — and a CryptoQuant analyst has identified a development in the on-chain data that adds a layer […]
Bitcoin Could Remain Calmer Than Nvidia Through 2026, Bitwise Predicts
According to Bitwise, Bitcoin’s price swings are getting smaller, and that change is already showing up when compared with a fast-moving chip stock like Nvidia. Related Reading: Crypto Scammers Face Heat As SAFE Crypto Act Draws Top US Enforcers From an April low of $75,000 to an early October high of $126,000, Bitcoin moved about […]
Coinbase rallies 8% after Goldman Sachs upgrades stock to ‘buy’
Goldman Sachs highlighted crypto firms building infrastructure over trading desks, seeing steady growth in tokenization and prediction markets.