OTC desks report renewed interest in bitcoin and ether, less interest in DeFi tokens
October 13, 2020, 5:41PM EDT · 2 min read
- 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.
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