Markets· ★★★· bearish· September 30, 17:11

Bitcoin stalls near $83,000 as Lighter drops 17% on Robinhood perps plan

—Bitcoin trades near $83,000 as 30-year Treasury yield tops 5.6%
—Lighter drops 17% after Robinhood unveils U.S. perpetual futures
—DeFi tokens reverse lower after recent gains

Why it matters: Robinhood's U.S. perps launch intensifies competition for DEXs and pressures decentralized exchange tokens.

Source: CoinDesk

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