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DeFi sector tokens offer shelter as Bitcoin falls below $48.5K
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The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at $48,500 to prevent further losses.
In the midst of the market-wide drawdown, the decentralized finance (DeFi) sector of the crypto ecosystem has offered some traders shelter from the storm, with several tokens seeing gains in excess of 30%.
Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over
Read more on cointelegraph.comAbout this in other media
Bitcoin drops below $40,000 for first time since September after Fed spooks investors euronews.com /2 years ago
Bitcoin Falls Below $40,000 Mark To A 5-Month Low ndtv.com /2 years ago
Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate' cointelegraph.com /2 years ago
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