Bitcoin and Ethereum are both up over 10% this week, despite being challenged on multiple fronts from the US Congress to hackers stealing millions of dollars from the decentralized finance (DeFi) industry.
DeFi is crypto’s version of various banking services, including lending, borrowing, stock trading, and many others. Instead of brokers and intermediaries, however, DeFi executes all of these functions through lines of code.
At the time of writing, Bitcoin is up 14.3% on the week at a price of $45,384, and Ethereum is up 15.7% at a price of $3,149, per CoinGecko.
In other words, the largest two cryptocurrencies by market cap have demonstrated some resilience in the face of difficult circumstances over the last few weeks.
Crypto’s critics
The last week or so has seen Bitcoin heavily criticized from the United States’ highest political and regulatory stages.
After saying crypto puts the financial system in the “hands of shadowy super-coders,” Senator Elizabeth Warren (D
Źródło: https://decrypt.co/78362/bitcoin-ethereum-up-over-10-difficult-week-crypto
