Bitcoin Ups Its Dominance As Altcoins Bleed More, Led by DeFi Tokens

The crypto market has intensified its correction today, sending the total market capitalization down by more than 6%, to USD 371bn, while the majority of top altcoins dropped against bitcoin (BTC). BTC itself lost 5% in a day and is trading at USD 11,328 (UTC 17:15). The price is also down by 1.5% in a week. Meanwhile, other coins from the top 10 are down by 7%-10%,