On Oct. 25 Bitcoin (BTC) unexpectedly gained 42%, one of the largest daily gains witnessed since 2011. A number of altcoins benefitted from this startling upside move and Ether (ETH) rallied 24.23% alongside Bitcon.
This week also saw a deluge of positive news from decentralized finance (DeFi) companies which are expanding, increasing interest payments, and reducing loan interest rates on many of the crypto-based products and services they offer.