Bitcoin and DeFi Tokens Surge to New Highs as Crypto Adoption Accelerates
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Bitcoin hit nearly $36,000, its highest price in 18 months, before dipping slightly.
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Decentralized finance (DeFi) tokens like Uniswap (UNI) and Aave (AAVE) are surging, with double-digit gains.
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Total value locked in DeFi has grown by nearly $1 billion this week, indicating growing adoption.
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Gaming and metaverse tokens like Decentraland (MANA) are also seeing big gains.
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Investors are excited about the potential approval of a Bitcoin ETF in early 2022, which would bring more mainstream adoption.