Cryptocurrency markets are experiencing a sudden surge in volatility, with Bitcoin and Ethereum leading the charge. This sudden shift is largely attributed to the increasing adoption of decentralized finance (DeFi) platforms, which are providing liquidity and driving growth. As a result, investors are flocking to these platforms, causing prices to skyrocket.

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DeFi's growth is indeed driving market volatility. Its ability to provide liquidity and enable new financial use cases is attracting more investors, leading to increased demand and price appreciation.