We’ve seen green across the board in the altcoin space as well, with large-cap altcoins like ETH and XRP jumped 4% and 3% respectively. While mid-cap names like TRX and LTC rose 9% and 6% correspondingly. On the flip side, XTZ and DCR were slightly dipped into the red.
We want to highlight the robustness in the DeFi space. Fresh data from DeFi Pulse shows that there were 35.9 mln Dai has locked in DeFi, representing a 1300% YoY growth, and most of the locked-up were in MakerDAO. Markets expect DeFi will remain in focus in 2020. Read more about DAI staking on OKEx here.
Figure 1: DAI Locked in DeFi (Source: DeFi Pulse)
We wish you a relaxing Christmas and all the best in 2020.
Figure 2: BTCUSDT Daily Chart (Source: OKEx; Tradingview)
Figure 3: Bitcoin CME Futures 3-Hour Chart (Source: Tradingview)
Figure 4: BTC Difficulty Ribbon and Prices Daily Chart (Source: Tradingview)
Figure 5: ETHUSDT 4-Hour Chart (Source: OKEx; Tradingview)
Figure 6: DASHUSDT 4-Hour Chart (Source: OKEx; Tradingview)
Figure 7: DCRUSDT Daily Chart (Source: OKEx; Tradingview)