Bitcoin price is once again in the Red and below the $30,000 level, down 5 percent in the last 24 hours.
The total volume in DeFi was $6.48 billion, which is 8 percent of the total crypto market 24-hour volume.
Bitcoin dipped to US$29,000 in the past 24 hours after witnessing nearly 4% growth on Sunday.
We may see volatility in the market for some more days,” Edul Patel, co-founder and CEO of crypto investment platform Mudrex said.