CRV Price Plummets as Selling Pressure Takes Hold Amid DeFi Infrastructure Shifts

CRV has experienced significant selling pressure in recent days, plummeting by 4.38% to $0.32 in a single session.

This decline comes after a prior rally that saw CRV recover and establish itself above key moving averages, including the 200-day MA at $0.23, the 50-day MA at $0.24, and the 20-day MA at $0.28.

According to Lawrence Jengar, CRV's price action is closely tied to DeFi infrastructure dynamics and broader risk appetite across the crypto complex.

The token's role as a backbone for on-chain stablecoin routing and concentrated liquidity makes it acutely sensitive to shifts in capital allocation. When money rotates out of DeFi infrastructure plays toward higher-beta speculative names, CRV tends to absorb the pain disproportionately.