DeFi Technologies is trading 12.08% up at $0.58 after a sharp cryptocurrency rally.
- Bitcoin is up 5.75% since the August 20 close, while Ethereum is up 2.68%, providing a strong sector backdrop.
- The broader rally followed expanded U.S. Treasury bond buybacks, renewed support for the CLARITY Act, and heavy short liquidations.
- Bitcoinβs August 21 advance was widely attributed to improving liquidity expectations and regulatory optimism.