Market Wrap: Bitcoin Stabilizes Around $49K After Two Extremely Volatile Trading Days
There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.
The recent surge in DeFi activity is altering the crypto market.
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
Elon Musk's tweets spur the latest drop.
Index data points to a changing of the altcoin guard, as Web 3.0 surges.
Traders are betting on the "smart-contract" blockchain, which aims to compete with market leader Ethereum, even though it doesn't yet have smart-contract functionality.