Billions of dollars were wiped from the cryptocurrency market in one of its sharpest drops in years, as leveraged liquidations accelerated losses, though some stabilization is emerging amid ongoing U.S.-China trade tensions.
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Billions Wiped Out in Crypto Market Routβ€”Signs of Stabilization Emerge

Billions of dollars were wiped from the cryptocurrency market in one of its sharpest drops in years, as leveraged liquidations accelerated losses, though some stabilization is emerging amid ongoing U.S.-China trade tensions.

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DeFi (decentralized finance) allows operating with leveraged products in a more agile, flexible way and with fewer requirements though not with less risk.

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