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As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range…
Select altcoins are outperforming the market despite Bitcoin struggling to sustain the higher levels.
Bitcoin and select altcoins have broken above their immediate resistance levels, indicating the start of a relief rally.
The bounce in Bitcoin and select altcoins increases the possibility of a short-term rise in prices.
The sharp pullback in BTC and large-cap altcoins indicates that bears have yet to capitulate and that traders continue to sell the top of each breakout.
Bitcoin and several altcoins are showing early signs that the bear trend could be ending, but overcoming higher levels may prove to be a challenge.
“The schools say he didn’t graduate from undergrad. Also, he has said multiple times, including in our interview, that he dropped out from a PhD program,” claimed crypto-journalist Laura Shin.
Ethereum price has been increasingly in lockstep with the Nasdaq, but there's a catch.
Market sentiment remains negative, but Bitcoin and altcoins are witnessing buying at lower levels, which could be a signal that the bottom is nearby.