In my opinion, DeFi is the cause for everything.
The DeFi wave has helped the crypto market grow strongly in recent months, but the emergence of fraudulent projects and smart contract errors, and the limited size of the market has made DeFi lose its strength. As a result, the market decline.
Then a portion of value will be provided to the BTC capitalization because BTC is always considered the safest crypto asset.
But the development of BTC will not continue for long, I think the price of BTC is completely in danger of falling back to 10K USD @@