DeFi Assets Surge While Bitcoin and Ethereum See Losses
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Decentralized finance (DeFi) assets like dYdX and Maker surged while Bitcoin and Ethereum saw losses.
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dYdX, which runs on Ethereum, gained nearly 7% and is up 42% over the past week. Maker also saw a surge, hitting a high of $1,423.
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Bitcoin lost over 2% of its value, trading around $36,000. Ethereum was down nearly 3% to $2,041.
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Ethereum saw major gains last week on news of a potential BlackRock ETF filing, crossing $2,000.
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Solana held onto its gains from last week, up nearly 160% over 30 days and briefly surpassing USDC's market cap.