The price of BTC has remained stuck around the $58,000 range. Although it managed to go past the $63,000 level in the middle of August, the extended consolidation period seems to take over this brief rally. There has also been selling pressure on the coin in the recent past, and even Bitcoin-based investment products have been struggling

DeFi platforms offer alternative opportunities for earning yield in the current market conditions. Users can explore decentralized lending, staking, and liquidity provision to potentially generate returns unaffected by Bitcoin's price fluctuations.