Cryptocurrencies

Bitcoin’s 50% Drop From Peak Hammers Crypto Loans, Derivatives

  • Strategies from basis bets to yield farming get less lucrative
  • Decentralized finance activity slows down after May crypto dip
Bitcoin Drops Below $30,000 for First Time in a Month
Lock
This article is for subscribers only.

Follow @crypto Twitter for the latest news.

The 2021 Bitcoin bubble is deflating and hitting a $1.3 trillion industry built on to-the-moon speculation and rampant leverage.