DeFi Technologies Rides Crypto Rally Amid Analyst Downgrades
The cryptocurrency market's sharp rebound on Thursday lifted DeFi Technologies' shares 6.6% to €0.4348 in European trading.
This increase came as the broader cryptocurrency market surged 9.8% within 24 hours, pushing global digital-asset market capitalization to $2.45 trillion.
Bullish speculation around the proposed CLARITY Act added further fuel to the rally.
However, despite this positive price action, the analyst community has been moving in the opposite direction.