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.Cardano's ADA and XRP led losses among major cryptocurrencies as traders anticipate the Federal Reserve's decision on interest rates.
Bitcoin 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.
