Top Ethereum DeFi Coins Dive 25% or More Amid Crypto Correction

It’s been a bad past few days for the crypto market, with Bitcoin, Ethereum, and other coins crashing in sync. Bitcoin has dropped around 20% from its local highs while Ethereum has shed more than 35%. Altcoins, though, have suffered even worse, especially those that have performed well over recent months. Most Ethereum-based decentralized finance (DeFi) coins have crashed over 20% in the past 24 hours and even more over the past few days. Analysts think that this may be a byproduct of simple market cycles, along with other market factors that are pushing DeFi lower. Ethereum Coins Drop Amid Crypto Market Correction Ethereum-based decentralized finance coins are being hit especially hard by the ongoing crypto market correction. According to CoinGecko, a swath of the top cryptocurrencies related to the sector are down by a lot over the past 24 hours: UMA has dropped 38.9%, BAND has dropped 34.5%, LEND…

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