Midst mixed market movesdecentralized finance tokens even recorded strong gains Bitcoin BTC/USD, ether ETH/USD showed no signs of major gains or losses over the past 24 hours.
What happened: DeFi token equalizer BAL/USD up 10% Mdex MDX/USD increased by 7% and Just sign JST/USD has increased at least 4% in the last 24 hours CoinMarketCap Data.
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This comes as BTC, the largest cryptocurrency by market cap, hovered around $19,000 and declined over 1.23%, while the global cryptocurrency market cap fell 1.6%. Ethereum, the second largest coin by market value, followed a similar trajectory, falling 1.96% to $1280 at press time.
Why it matters: The top DeFi token according to CoinMarketCap Uniswap UNI/USD up 0.18% in the last 24 hours and 10.49% in the last seven days. aave AAVE/USD 18% topped up and Manufacturer MKR/USD was up 15% in the past seven days at the time of writing.
Total value locked, a metric measuring how much money is held across different protocols via DeFi ether is down 1.92% to $30.25 billion over the past 24 hours, according to data from DefiLlama.
Continue reading: Bitcoin, Ethereum Lose Key Levels, Dogecoin Plunges: Analyst Says ‘Be Careful Out There’
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