DeFi Technologies is trading at $0.49, down 5.66%, amid crypto-market pressure.
- Bitcoin and Ethereum are down 2.91% and 4.86%, respectively, since the previous close; more than $403 million in crypto longs were liquidated within an hour.
- Coverage tied the October 7 sell-off to rising oil, elevated Treasury yields, a firmer dollar and leveraged long liquidations. Investors await Federal Reserve minutes amid geopolitical and energy-supply concerns; no clear company-specific announcement was identified for October 7, and the latest identified update was dated October 1.