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Bitcoin Reclaims $95,000 as BTC DeFi TVL Tops $7 Billion - Korea IT Times

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TL;DR:

Bitcoin Reclaims $95,000 as BTC DeFi TVL Tops $7 Billion Korea IT Times

Key Points:

  • Bitcoin Reclaims $95,000 as BTC DeFi TVL Tops $7 Billion - Korea IT Times
  • Involves BTC cryptocurrency

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

    Why It Matters:

    DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.

    Bitcoin Reclaims $95,000 as BTC DeFi TVL Tops $7 Billion... | NewsCR