Tezos (XTZ), Synthetix (SNX) and Yearn.finance (YFI) lead the DeFi revival

The strength of ‘s (BTC) uptrend appears to be growing as the top-ranked digital asset soared above $40,000 earlier today. It's probably safe to say that many investors are completely astounded by the fact that BTC has doubled its value only a month after breaking through the $20,000 mark.

This suggests that the buying has continued unabated, signaling strong demand at every higher level. This bullish sentiment has pulled several altcoins higher with the total crypto market capitalization extending above $1 trillion.

Crypto market data daily view. Source: Coin360