starting to see correlation between eth market cap ie ETH spot and DeFi Total
Seeing other correlation via ETH Spot or Market Cap as well
>ETH is becoming "THE Highways" IE you buy ETH then Buy X or\and
>Decentralized etc projects and DEXs that offer leverage and derivates, shorts longs etc all secured and paid out in /ith ETH You see on the bottom where ETH {Thicker Green Line} and BTC (Thicker Burnt Orange Line) cross... since then the Toatal Crypto Market cap or TOTAL has gone up a bit more than half a trillion/from 1T to 1.5T-ish <went from about 1.1-.9T to 1.6T>