Cryptocurrency Live News & Updates : Crypto Market Grows in Q2 Driven by DeFi
18 Aug 2025 | 06:35:11 AM IST
Cryptocurrency News & Live Updates
Synopsis
A report from Galaxy Research indicates a 27% increase in the crypto market’s mortgage volume in Q2, reaching $53.1 billion, fueled by DeFi lending demand and a renewed risk appetite.
The cryptocurrency landscape is witnessing notable shifts as the market’s mortgage volume surged by 27% in Q2, hitting $53.1 billion, largely due to increasing demand for decentralized finance (DeFi) lending. However, Bitcoin’s price drop from $124,000 to $118,000 resulted in over $1 billion in liquidations, marking a significant moment in the derivatives market. Meanwhile, a prominent Ethereum investor has expanded their holdings to 76,700 ETH, realizing substantial profits from…
