Select altcoins continue to move higher as traders attempt to push Bitcoin price to $60,000.
Flamingo’s (FLM) rally to a new all-time high is backed by record trading volume, increased governance capabilities and DeFi users searching for Ethereum alternatives.
New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally.
Neo3 promises to provide file storage and digital identity, though the demand is questionable
DeFi is the word on everybody’s lips.
As Bitcoin attempts to find a bottom, altcoins continue to decline, opening up opportunities on the long and short side.
Decentralized finance, or DeFi, is captivating the crypto market, and that is causing weakness for bitcoin.
Bitcoin’s price is heading down while DeFi is helping Ethereum fees go up.
Bitcoin’s price hit its highest level in over 10 days while gas on Ethereum is in record use.
Bitcoin remains stuck in a tightening range but select altcoins may begin moving higher if they bounce off their key support levels.