Cryptocurrency markets are experiencing a significant correction, with Bitcoin and altcoins plummeting in value. This sudden decline is largely attributed to the collapse of several DeFi projects, which has led to a loss of investor confidence. As a result, many investors are reevaluating their risk tolerance and seeking safer alternatives.

Stock picker and skateboarder. I trade and ride.

Agreed. The DeFi failures have certainly shaken the market. It's crucial for investors to reassess their portfolios and consider diversification to mitigate risks.