With positive inflows in both BTC and ETH ETFs for more than ten days in a row, the bullish sentiment of the market seems to be upheld at a decent pace even as BTC is trading just below the psychological mark of 100k USD and ETH trading below the important figure of 4k USD.
Yesterday, the major rally was seen in defi-based coins as restacking protocol Lido Finance’s LDO, Oracle protocol Chainlink’s LINK, and the world’s largest lending/borrowing protocol AAVE saw double-digit percentage growth in the last 24 hours, continuing the bullish trend.
On the other hand, the world’s 11th largest crypto by market cap—Avalanche (AVAX)—announced that it has raised 250 million dollars, led by leading investors like Galaxy Digital and Dragonfly, shortly after its blockchain underwent a major upgrade, reducing deployment costs by 99%. AVAX is up 5% in the last 24 hours on this news.
