Layer-2 and DeFi Tokens Lead Broad Crypto Advance as Post-Fed Hike Nerves Fade
Key Highlights DeFi and Layer-2 tokens led a broad crypto market rally Friday, with the DeFi Select Index surging 16% in 24 hours as risk-on sentiment returned following the Fed rate decision. Bitcoin reclaimed $78,000 while Uniswap (UNI) futures open interest neared a record high, signaling strong institutional conviction in major DeFi protocols. Implied volatility ...