ETH Price Declines As Crypto Markets Trace A Bearish Trend

Defi Coins and the Crypto World Retracting

Top Defi coins also see the impact of the Ethereum price plunge, with some high recording losses. In the past 24 hours, Uniswap made a 5% price tanking, while Aave dropped by nearly 8%. The recent Ethereum bearish shows just how much of an impact Etheum has on Defi tokens. 

However, this price plunge is following the price trend of the market leader, bitcoin. Therefore, not just Ethereum and its Defi coins, but the entire crypto market has been continuously losing in the past few days. In the past 24 hours, the crypto space lost 4.21% of its value.

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