News+

OTC desks report renewed interest in bitcoin and ether, less interest in DeFi tokens

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.

Subscribe to The Block News+ to
Unlock this Feature

Annual

$
per year
Join Now

Questions?

If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Bitcoin
Cryptocurrency
Ethereum
Markets
OTC

Trending Stories

More