Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?


$ 81,704.5
€ 75,414.2
¥ 38,800.0
£ 63,063.1
BTC
-1.65 %
$ 1,806.53
€ 1,667.59
¥ 858.27
£ 1,394.80
ETH
-1.49 %
$ 216.27
€ 199.57
¥ 102.63
£ 166.83
XMR
0.21 %
$ 85.24
€ 78.69
¥ 40.51
£ 66.03
LTC
-1.15 %

The DeFi market has corrected hard as Bitcoin dropped below $40,000, but analysts say a recovery is likely.