OTC desks report renewed interest in bitcoin and ether, less interest in DeFi tokens
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
Quick Take
- Plain old BTC and ETH have been the darlings of crypto OTC markets lately, insiders say
- The bullish sentiment over the course of the last 5 days has been tied to Square’s purchase of BTC on its balance sheet
- Meanwhile, attention is being drawn away from DeFi
According to market insiders, OTC traders have lately been more bullish on bitcoin and ether and attention has shifted away from DeFi tokens.
accessprotocol.co
Subscribe for Premium Content
To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.
