- Scott Melker, known as “The Wolf of All Streets,” is an influential crypto trader and investor.
- Melker explains yield farming in decentralized finance and shares 4 of his favorite tokens.
- He also shared his thoughts on the current state of the crypto market and what investors should do.
As bitcoin briefly dipped below $30,000 on Tuesday for the first time since January, even the most bullish crypto traders and investors had to reckon with the possibility of another multi-year bear market.
Amid a new wave of mining crackdowns from China, crypto products have seen a third week of consecutive outflows totaling $79 million in what is the longest bear run since February 2018, according to CoinShares.