Yearn Finance price crashes 40%, undoes five-day gains in five hours
Yearn Finance (YFI) price has dropped a massive 43% in the last five hours and shows no signs of stopping. ...
- The recent rise in crypto prices was mainly due to the anticipation of ETF approval.
- The SEC has delayed the decision, leading to potential profit-taking and a market correction.
- Yearn Finance's YFI token experienced a significant rally followed by a crash.
- The token's price has dropped by 43% in the last five hours.
- The article contains forward-looking statements and emphasizes the need for thorough research before making investment decisions.
- The author and FXStreet do not provide personalized recommendations or investment advice.
The sentiment of the article is negative, as it highlights potential market correction and warns about the risks associated with investing in cryptocurrencies.