DEFT is trading 5.4% down at $0.50 as a broad slide in the cryptocurrency market weighs on sentiment toward crypto-related equities.
- Bitcoin and Ethereum have both fallen more than 5% over the last 24 hours, creating significant sector-wide pressure.
- The move appears driven by risk-off positioning and volatility following a prior short-term rally, as there are no fresh company-specific headlines or earnings reports today.