DeFi Markets Will Reach $1 Billion When Ethereum Prices Recover

Ethereum is a freight train at the moment, pretty much unstoppable. With another ETH price surge today, DeFi markets have hit a billion dollars in terms of total value locked.

Ethereum Goes Vertical
ETH prices are up again today as they tap a four and a half month high and meet resistance. According to Ethereum tapped $220 a few hours ago. Since breaking the $200 barrier yesterday Ethereum has powered on to add a further 8% on the day, outperforming most other high cap crypto assets.

As reported yesterday by Bitcoinist, the move above $200 would lead to greater momentum for ETH which is playing out on markets at the moment.
Since the beginning of the year Ethereum has gained an impressive 67% though it is not the best performing altcoin in the top twenty. Ethereum Classic has performed even better with a surge of…

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