Here Are Three Rising Trends That Investors Should Look Out for in Bitcoin, Ethereum, and DeFi
Ethereum and other crypto assets have benefited from Bitcoin’s rally so far. In this regard, on a 7-day basis, Ethereum (ETH), Stellar (XLM), and Cardano (ADA) have showcased prominent gains of 63%, 116%, and 64%, respectively. There is growing evidence that institutional investors are eyeing ETH as Bitcoin trading becomes crowded with players with deeper pockets. Bitcoin entered into the ‘uncharted territory’ the moment it surpassed its prior all-time high of $20k.
BTC/USD Daily Chart
Total Value Locked (USD) in DeFi
Courtesy: DEFI PULSE
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