DeFi Dominance vs BTC Price - A Decoupling Story
The sharp decline in DeFi dominance even as Bitcoin price continues its upward trajectory
From mid-2021 highs, DeFi’s share of the overall market has steadily fallen from peaks near 8% down to sub-3% levels while $BTC has surged, breaching $70K+ in 2024 and continuing strong into 2025
What this means:
- Bitcoin is gaining strength and attention, especially from bigger investors
- DeFi is losing market share, but that doesn’t mean it’s over. It could be a setup for a strong comeback
- Some see this as a buy-the-dip moment for quality DeFi projects
What’s your take?
Is DeFi being overlooked, or is this trend here to stay?
