Top DeFi Coins Finally Make Recovery: Aave, Ren, Chainlink Surge 10%
Some DeFi coins actually dropped 15% on the day that Bitcoin shot 2-3%. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom DeFi Coins Bump Higher Amid Bitcoin Surge CoinGecko data shows that DeFi coins are bumping higher amid the Bitcoin surge that took place on Wednesday, which brought prices higher by over 8%.
reasons for this are myriad but boil down to the fact that money is a coordination game and Bitcoin is the Schelling point; this is independent of how you feel about it, community is literally Reading: Tyler Winklevoss: A “Tsunami” of Capital Is Coming For Bitcoin ETH & DeFi Fundamentals Remain Strong DeFi and Ethereum fundamentals are strong. Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing Featured Image from Shutterstock Price tags: lendusd, lendbtc, aaveusd, aavebtc, aaveeth, renbtc, reneth, renusd, linkusd, linkbtc Charts from TradingView.com.