DeFi tokens plummet amid a crypto bloodbath

It’s a sea of red in the DeFi market even as Bitcoin and most altcoins suffer losses Despite hitting the second – highest monthly close in its history in October, Bitcoin (BTC) has corrected heavily and currently trades around $13,300 — 1.85% down in the past 24 hours and about 5% since the weekend’s rally to highs of $14,100. Curve (CRV) was down 15% to $0.348; Synthetix (SYN) was trading around 14% in red at $2.51 and SushiSwap had dropped over 13.7% in the past 24 hours to change hands around $0.529.

Other top DeFi tokens to see red are Compound (COMP) with its price 11.32%, Aave (AAVE) -11.24%, yearn.finance (YFI) dipped 10.45% to $9,510 and Uniswap lost 10.23% to trade around $2.10. Among the Bitcoin forks, fifth – ranked Bitcoin Cash has slumped over 9% in the past 24 hours to change hands at around $240, while Bitcoin SV is more than 8% down at the time of writing.

Timeline of Aave, Aave-old, Bitcoin, Bitcoin-cash, Bitcoin-sv, Compound, Sushiswap, Uniswap, Yearn-finance, Curve-dao-token