DeFi tokens such as Hyperliquid’s HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cautious with their money.
What to know:
$ADA and $XRP led losses among major cryptocurrencies as traders anticipate the Federal Reserve's decision on interest rates.
$BTC prices remained stable above $94,000, while other cryptocurrencies like Ether and Dogecoin experienced slight declines.
DeFi tokens such as AAVE and CRV saw increased demand, reflecting a shift in trader interest towards projects with strong fundamentals.
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