Bitcoin\u00a0has been quite impressive these days and continues upward movement. At the same time, the\u00a0DeFi\u00a0sphere becomes stronger.\r\n\r\nEveryone talks about Bitcoin these days. The price increase in Bitcoin attracted many individuals to the sector, even those not engaged in Bitcoin. Bitcoin stood up at the price of 19k. There was strong resistance at the price of\u00a0$19500. It took weeks to pass that level. After passing 19.5k, there is not any significant resistance level till\u00a024k. If people continue to hold bitcoin then this rally will continue even more.\r\n\r\n\r\nBitcoin Boosted DeFi\r\nDeFi was inspired by the price increase in Bitcoin. Bitcoin played a significant role in the boom. Following Bitcoin, almost all altcoins displayed price increase in recent days. The price increase caused an upswing in DeFi, and the total value locked reached its all-time high. DeFi rally began on December 12, and the TVL was $14 billion. From that day till now, TVL increased by\u00a016%\u00a0and achieved\u00a0$16.776 billion. Today TVL decreased a little bit, and now it is $16.574 billion.\r\n\r\n\r\n\r\n\r\n\r\nThere are other explanations for the rise as well. Bitcoin is the market leader, and it affects other cryptos significantly. When Bitcoin hit ATH, individuals who were late to buy Bitcoin chose to buy altcoins instead. According to the ViewBase,\u00a0perpetual swap predicted funding rates\u00a0are\u00a0positive and prove that speculators are bullish in the altcoin market. This bullish trend in cryptos is the result of FOMO. Some tokens have been introduced to the market during the crypto boom, and they get attention from the crypto enthusiast.\r\n\r\n\r\nThe Graph Token\r\nThe Graph\u00a0token is the native token of the Graph, and it helps apps finding and sorting the blockchain data. The market capitalization of this token increased from zero to\u00a0$783\u00a0million just in 3 days. According to\u00a0CoinMarketCap, it holds\u00a037th\u00a0place in the market capitalization. The price of this token more than doubled in 3 days from\u00a0$0.26\u00a0to\u00a0$0.62. Today the value of Graph is\u00a0$0.59. This token will attract a lot of attention from the DeFi.\r\n\r\n\r\n\r\n#coinsfera #cryptonews #cryptocurrency #buybitcoinistanbul #buybitcoindubai #buybitcoinkosovo #buybitcoinwithcash #sellbitcoinwithcash #buybitcoin #sellbitcoin\r\n\r\nDisclaimer: All information provided in the content is for informational purposes only and should not perceive as an investment, financial, or trading advice. Any investment decision you make should be a personal choice based on financial knowledge, experience, and market research.