🚀 $INJ Leads the DeFi Comeback as Traders Return to Risk!
While Bitcoin steadied near $78,300 after its election-night dip to about $75,700, the real leaders of today's rebound (4 Nov, reported 3:38 PM PKT) were DeFi tokens — CoinDesk's DeFi Select Index rose about 5%, beating Bitcoin's roughly 1.3% gain since midnight UTC.
Injective $INJ jumped about 6% to near $7.67, helped by its new Institutional Rail launch on 2 Nov, which gives big institutions an easier route onto the network. Venice Token $VVV topped the CoinDesk 100, up about 7% since midnight UTC and around 17% in 24 hours, near $24. In simple words: once the election scare faded, traders moved back into riskier coins first — and DeFi led the way.
Levels traders are watching for INJ (3:14 PM PKT): support near $7.48, resistance near $7.82. A close above $7.82 could open the way toward $8.29; a fall below $7.48 weakens the picture.
Do you think DeFi keeps leading this rebound, or does Bitcoin take over again?
Educational content only, not financial advice.
#BinanceSquare #WriteToEarn #DeFi #CryptoNews
While Bitcoin steadied near $78,300 after its election-night dip to about $75,700, the real leaders of today's rebound (4 Nov, reported 3:38 PM PKT) were DeFi tokens — CoinDesk's DeFi Select Index rose about 5%, beating Bitcoin's roughly 1.3% gain since midnight UTC.
Injective $INJ jumped about 6% to near $7.67, helped by its new Institutional Rail launch on 2 Nov, which gives big institutions an easier route onto the network. Venice Token $VVV topped the CoinDesk 100, up about 7% since midnight UTC and around 17% in 24 hours, near $24. In simple words: once the election scare faded, traders moved back into riskier coins first — and DeFi led the way.
Levels traders are watching for INJ (3:14 PM PKT): support near $7.48, resistance near $7.82. A close above $7.82 could open the way toward $8.29; a fall below $7.48 weakens the picture.
Do you think DeFi keeps leading this rebound, or does Bitcoin take over again?
Educational content only, not financial advice.
#BinanceSquare #WriteToEarn #DeFi #CryptoNews
