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As 2021 Ramps Up, Here Are Three Rising Trends Investors Should Watch Out for Bitcoin, Ethereum and DeFi

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

Image Credit: DEFI PULSE, Shutterstock

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