📈 $STX : impulse against the backdrop of Bitcoin DeFi

$STX showed strong growth due to active spot purchases (+329% in volume) and an increase in open interest by 45% to $24.7 million. Catalysts — the SIP-031 proposal regarding the ecosystem fund $STX and the update of the DeFi roadmap based on Bitcoin.

This means that the market is pricing in confidence in the utility of Bitcoin smart contracts, but high leverage increases the risk of short-term corrections.

Pay attention to the results of the voting on SIP-031 and the inflows of BTC into DeFi Stacks.

#STX #BitcoinDeFi #CryptoMarket #altcoins #OnChain

STX

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