Prices were volatile last week, following the Evergrande-led sell-off and PBOC announcement in China. Data shows the Chinese crackdown caused uncertainty and increased OTC trading of USDT sell-off. DeFi coins rebounded in pricing in response to the crackdown.
Crypto.com Weekly DeFi Update (Week 38, 20/09/2021 - 27/09/2021)
Crypto.com Weekly DeFi Update (Week 38…
Crypto.com Weekly DeFi Update (Week 38, 20/09/2021 - 27/09/2021)
Prices were volatile last week, following the Evergrande-led sell-off and PBOC announcement in China. Data shows the Chinese crackdown caused uncertainty and increased OTC trading of USDT sell-off. DeFi coins rebounded in pricing in response to the crackdown.