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RE: Daily Crypto Markets Live Blog: Decentralized Finance Is Taking Over (09/11/21)

in LeoFinance4 years ago

That's assuming the bull market continues. As you can see from the chart, the whole Defi market took a beating when Bitcoin dropped. As much as people don't want to see it, Bitcoin is still the king of crypto. As it goes, so go the markets. When it takes a 50% drop, hundreds of billions of dollars leave the market. Just the way it is. Personally, I think it's going to continue to be this way until the "halvings" get down to fractions of a Bitcoin. At least 2 more cycles....

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