The perfect match? Both Bitcoin and DeFi push and pull crypto markets

Cointelegraph

Published Jan 25, 2021 12:47PM ET

Updated Jan 25, 2021 02:20PM ET

The past year has been a crazy journey for the blockchain industry. Between the crippling effects of the COVID-19 pandemic across various sectors and Bitcoin’s marathon bull run, the year has been great for some and catastrophic for many.

Decentralized finance is at the epicenter of most of the hype surrounding blockchain today. From the rise of mainstream decentralized exchanges to the overwhelming demand for liquidity mining, DeFi hasn’t just raised a lot of dust — it’s brought billions of dollars onto blockchains.

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