The DeFi Concept segment grew an average of 0.54% today.

According to Golden Financial News, Leo Kelly, CEO of Verde Capital Advisors, emphasized the legitimacy of Bitcoin and said that Bitcoin does not keep its value and does not trade gold. Bitcoin's 'unbelievable' inaccuracies, whether true or false, have a major impact on many key investors. Another billionaire entrepreneur and CEO of Omega Advisors, Lee Cooperman, reiterated his sentiment, criticizing Bitcoin as "unprofitable". He is also telling the US government to be careful how it interacts with cryptocurrencies. According to Cooperman, the country should not follow El Salvador's example because "Bitcoin cannot replace the US dollar." Regulators have also advised people to invest in gold instead of bitcoin, as precious metals may be "a better place to hold their prices." (Amcrypto)