Bitcoin and the Future of Decentralized Finance (DeFi)
Bitcoin is primarily seen as a store of value, but its integration with DeFi is growing. Wrapped Bitcoin (WBTC) and other BTC-pegged assets allow Bitcoin to be used in decentralized applications, expanding its utility beyond a simple investment vehicle. As DeFi continues to evolve, Bitcoin could play a larger role in lending, yield farming, and decentralized exchanges. If Bitcoin adoption in DeFi increases, its demand could rise, contributing to long-term price growth.