Yearn.finance (YFI) Tests Key Support as Funding Rates Flip Negative
Yearn.finance’s YFI token has been facing some intense selling pressure today as the focus shifts back to Bitcoin.
YFI and other blue-chip DeFi tokens have posted some massive gains throughout the past few days, with the Yearn ecosystem’s token rallying from lows of $7,500 to highs of $18,000 over the course of an hour.
Other tokens followed in its footsteps and saw similar gains, with this revitalizing the aggregated DeFi sector.
Learn more about the news here. (https://www.newsbtc.com/analysis/yfi/yearn-finance-yfi-tests-key-support-as-funding-rates-flip-negative/)