DeFi tokens moved higher while Bitcoin price struggles to hold $35,000 as support.
Ethereum price is in hot pursuit of a new all-time high, while Bitcoin price continues to trade sideways.
The price of DOT is getting close to $20 but a pullback shouldn’t be ruled out after such a strong rally.
The popular K-Pop girl band’s parent company RBW will be selling its singers’ digital products on the blockchain.
Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000.
DOT is on fire today as it surges up the market cap charts to fourth spot.
DOT reached its all-time high of $13.22 just six days after bitcoin’s price reached a new all-time high.
Bitcoin’s break above the $35,000 resistance shows bulls are serious about retaking $40,000 in the short-term.
Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit.
After today’s sharp downside move, Bitcoin and altcoins could trade in a sideways range as bulls and bears fight to control the market’s momentum.