Post
Topic
Board Bitcoin Discussion
Re: Is DeFi benefiting Bitcoin?
by
Wallflower28
on 22/10/2020, 21:32:04 UTC
I think yes. Because the sudden hyped in the market today and during the recent months are because of defi. Bitcoin is affected by the defi projects due to the potential investors who want to invest again in market. Since the top pair in exchanges are btc and usdt to altcoins, bitcoin was being bought as well. In fact, there is a btc dominance in the market till now. Altcoins who turned into defi are hard to move because bitcoin is rising again.