Investing.com - Financial Markets Worldwide
50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

As a Byproduct of Bears’ Supremacy, YFI Price Falls Further by 2.13%.

Published 12/16/2022, 10:58 PM
Updated 12/16/2022, 11:15 PM
As a Byproduct of Bears’ Supremacy, YFI Price Falls Further by 2.13%.

  • According to recent data, the YFI market has been dominated by bears in the previous 24 hours.

  • YFI market finds support around $6,165.14 during the downturn.

  • Bulls must pull up their socks to reverse the trend.

According to CoinMarketCap, the yearn.finance (YFI) market has been influenced by selling pressure in the previous 24 hours. At the dawn of the market, bulls attempted to seize dominance of the market, but their enthusiasm was quickly dashed as the price of YFI encountered resistance at $6,431.98.

The bears managed to value the YFI price at $6,281.26 as of press time, a 2.13% slide.

The withdrawal of investors reflects this bear domination, prompting market capitalization and 24-hour trading volume to tumble by 2.38% to $229,606,044 and 28.68% to $13,685,123, respectively.

The post As a Byproduct of Bears’ Supremacy, YFI Price Falls Further by 2.13%. appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.