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

Published 2022-12-16, 09:58 a/m
© Reuters. 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.

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