The post DeFi Report January 2024! appeared first on Coinpedia Fintech News
The crypto industry started the year 2024 positively, as the market experienced a strong uptrend during the first week. Following the approval of the Spot Bitcoin ETF, the market witnessed a short surge, after which the crypto space has been experiencing a significant correction in value.
Bitcoin and Major altcoins had been moving sideways for over a week, suggesting a cool-off in the price action. With the approval of the Spot ETF trading, the crypto industry has successfully achieved its first milestone this year. With Bitcoin halving around the corner, this year is said to be a crucial one.
On the other hand, the DeFi category has displayed a minor change in its valuation. The Total Value at the time of writing showed above $120 Billion, a +2.5% increase Month-On-Month (MOM). Further, the total number of users has also experienced a decent increase.
Top Tokens from the category have recorded minor changes, i
We współpracy z: https://coinpedia.org/research-report/defi-report-january-2024/
