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via CoinDesk · By CoinDesk Staff

DeFi's stress test ends quietly. Nothing broke.

BTC

BTC/USDT

$59,810.00
-2.12%
24h Volume

$29,655,069,317.71

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
71.3%
Long: 71.3%Short: 28.7%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,842.00

-2.02%

Volume (24h): -

Resistance Levels
Resistance 3$64,245.37
Resistance 2$62,909.86
Resistance 1$61,023.09
Price$59,842.00
Support 1$59,102.70
Support 2$57,460.19
Support 3$51,387.09
Pivot (PP):$59,973.14
Trend:Downtrend
RSI (14):30.6
CS
CoinDesk Staff
(11:31 AM UTC)
1 min read
MR
Updated byMichael Roberts
804 views
0 comments

Your day-ahead look for May 6, 2026

This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.

While the crypto world focuses on bitcoin BTC$82,164.36 rally, a major market issue tied to decentralized finance (DeFi) looks to have resolved for good.

Borrowing dollar-pegged stablecoins such as tether USDT$0.9997 and USD Coin (USDC) from heavyweight decentralized…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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