Trump promises to relax regulation, old coins in the DeFi sector surge
According to Bitget market data, with the rise of the public chain ETH, old coins in the DeFi sector such as TRB, ALPACA, YFI have all seen significant increases. Specifically:
TRB has increased by 52.04% in the past 24 hours, priced at $85.7376;
ALPACA has risen by 33.96%, priced at $0.192846;
YFI's increase is 30.73%, priced at $7084.49.
The market generally expects that if Trump takes office he may relax regulations on DeFi, a message that has boosted related asset performance in the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: "Bitcoin OG" increases ETH long positions, with total holdings valued at $676 million