The post DeFi Report February 2024! appeared first on Coinpedia Fintech News
The cryptocurrency industry experienced a significant uptrend in its valuation during February due to a massive price action in the market. Despite bearish sentiments during the start of the month, top tokens successfully broke out of their respective resistance levels.
As the month was a day away from its completion, the market leader, Bitcoin, successfully achieved the $63,000 mark, resulting in a significant uptrend in other tokens. With the main event, Bitcoin Halving, almost two months away, the BTC price is less than 9% away from its ATH.
The Decentralized Finance (DeFi) category followed the market trend and displayed a notable jump in its valuation. The current Total Value Locked (TVL) stands at $187.511 Billion, a change of +55.94% Month-on-Month (MOM), with newer categories experiencing a major surge.
Top Decentralized Finance (DeFi) Categories!
The DeFi category has successfully reclaim
We współpracy z: https://coinpedia.org/research-report/defi-report-february-2024/
