Crypto Market Extends Post-Fed Rally on DeFi and L2 Token Surge
The crypto market is continuing its post-Fed rally, with DeFi and L2 tokens taking the lead. According to KuCoin, $UNI has surged by 25%, while $ARB has also jumped by 25%. Bitcoin ($BTC) remains above $78K.
This comes as a continuation of the market's upward trend following the recent Fed meeting. The rally is being driven in part by investments in digital assets such as DeFi and L2 tokens, which are seen as high-risk but potentially high-reward opportunities.