BTC broke through the $16k level for the first time since 2018, carrying on the bullish uptrend
The DeFi space is also gaining momentum, with total valued locked trending up for two consecutive weeks.
The decentralized finance (DeFi) market saw a strong resurgence beginning June 2020. The popularity of DeFi and the vast amounts of capital deployed across DeFi protocols could positively affect Ethereum in 2021 through four factors.
BTC broke through the key resistance level at $15k last week and continued to rise in the weekend following the U.S. presidential election results
U.S. markets are warming to the possibility of a Democratic sweep, which could also offer better regulatory clarity for Bitcoin to advance