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  5. DEFI: Could you please tell us what happened to Defi today (Monday) at the open? [DeFi Technologies Inc.]
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Q: Could you please tell us what happened to Defi today (Monday) at the open?
Asked by Mary on March 03, 2025
5i Research Answer:

The entire crypto market sold off heavily last week alongside the broader markets, but on the weekend, Trump announced he signed an order which directed a working group to move forward on a Crypto Strategic Reserve that included several crypto coins, as well as BTC and ETH. The crypto market rose as a result of this, which benefits DEFI. Many crypto miners and exchanges rose this morning following these events.