The overall cryptocurrency market, which is currently flirting with $1 trillion in market value, is under downward pressure because of heightened regulatory enforcement from the United States Securities and Exchange Commission
The bears are holding on to the Crypto market amid weakened buying pressures, following the announcement by a well-known auditing firm that it would no longer be accepting any new crypto clients
According to a report by Chainalysis, crypto investors took home $162.7 billion in realized gains in 2021.
Defi is a crypto ecosystem made up of financial apps designed on leading blockchain platforms.
