Tezos (XTZ), Synthetix (SNX) and Yearn.finance (YFI) lead the DeFi revival

Cointelegraph

Published Jan 07, 2021 06:05PM ET

Updated Jan 07, 2021 07:40PM ET

The strength of Bitcoin's (BTC) uptrend appears to be growing as the top-ranked digital asset soared above $40,000 earlier today. It's probably safe to say that many investors are completely astounded by the fact that BTC has doubled its value only a month after breaking through the $20,000 mark.

This suggests that the buying has continued unabated, signaling strong demand at every higher level. This bullish sentiment has pulled several altcoins higher with the total crypto market capitalization extending above $1 trillion.

Crypto market data daily view. Source: Coin360
XTZ/USDT daily chart. Source: TradingView
SNX/USDT daily chart. Source: TradingView
YFI/USDT daily chart. Source: TradingView

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