The price of Curve Finance’s native token, CRV, has been falling precipitously in recent weeks as the bears have pounced. The present bear market has been relentless in its assault on traders and investors. As the FTX crisis continues to weigh on the cryptocurrency market as a whole, prominent cryptocurrencies like Bitcoin and Ethereum are likely to continue to feel the pain. Given the strong relationship between CRV and ETH, the latter is likely to suffer further declines in the near future. Related Reading: MATIC Backpedals Into Bearish Track Despite Its Social Dominance Latest Numbers: Steady Drop In Value According to CoinGecko’s numbers, the coin’s value has been steadily decreasing over the past few months, with the monthly time frame showing the most dramatic drop of 43 percent since January. In the last month, CRV has lost 31% of its value. The on-chain analysis tool provided by CoinMarketCap is also showing red, suggesting that a powerful bear is currently controlling the token’s market circumstances. Chart: TradingView In addition, CRV is trading at a loss of ..
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