layer 2 tokens oil rally
Layer 2 Tokens in an Oil Rally: Why L2s Drop Harder Than BTC
Layer 2 tokens drop harder than Bitcoin in an oil rally because they sit at the riskiest end of the crypto market. When oil spikes, bond yields and the dollar rise, investors cut risk, and leveraged bets get liquidated. Thin, speculative L2 tokens take the biggest hit. On October 7,