DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K

Today (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins.

Despite the recent revelation that BlackRock (NYSE:), the world’s largest asset manager, has given the green light for two of its funds to invest in Bitcoin futures, BTC price still struggles to gain momentum above the $33,000 level.

Daily cryptocurrency market performance. Source: Coin360
4-hour chart. Source: TradingView
GME/USD 1-day chart. Source: TradingView