Smart-contract and DeFi coins lead losses as bitcoin wilts for 4th straight day

60-second summary

Smart-contract and DeFi coins are experiencing losses as bitcoin wilts for the 4th straight day, with prices plummeting due to investor concerns about STRC, the dividend-paying preferred stock from Strategy, which continues to dominate market sentiment, casting a shadow over the entire cryptocurrency market, causing widespread losses and a decline in investor confidence in the sector.