DeFi may be ‘quietly re-rating’ given outperformance against Bitcoin: Bitwise
“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin.
Watchlist
Fresh in the current trading session. The story has cross-source confirmation.
“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin.
Why this matters
Bitcoin is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphSame story, other sources
Cross-source coverage
2 sources
Bitwise reports DeFi tokens outperform Bitcoin amid quiet re-rating
DeFi's resilience amid Bitcoin's decline signals a market shift towards revenue-generating prot...
Related market context
Gauntlet raises $125M from SBI Holdings to expand DeFi services
Gauntlet's funding boost from SBI Holdings could accelerate institutional adoption of DeFi by enhancing risk management and yield...
CHART: Value of Tesla’s BTC holdings have fallen by two-thirds
Tesla became one of the early firms to embrace BTC, adding it to its balance sheet in 2021; however, it all but abandoned this ini...
Cardano’s wallet hack exposed the user layer holding its on-chain government together
EMURGO said it is stepping down from its role in Pentad, the five-member group coordinating Cardano's infrastructure funding, to f...
Aave V4 Gas Optimization Push Shows DeFi Is Still Fighting Its Cost Problem
Aave’s V4 discussion is a useful reminder that DeFi’s next cycle will not be won only by bigger yields or louder token narratives....
Binance Wallet adds Plume’s yield vault for Invesco, Bitwise funds
Binance Wallet's integration of Plume's yield vault signifies a shift towards blending traditional finance with crypto, enhancing...
Hyperliquid sees 35% drop in quarterly trading volume as RWA perpetuals quietly take over
The rise of RWA trading on Hyperliquid suggests a shift towards more stable, diversified revenue streams, but regulatory scrutiny...