I’m having a hard time understanding the correlations between BTC and YFI right now. Aren’t they interlinked somehow? Eli5 me please as I’m still trying to figure this out.

So like title says I’m looking at btc and wondering if its becoming more stable while a platform like defi is sort of merging itself with btc in some cases. I’m still reading but my heads kind of left wondering if now btc is almost the new stable coin and platforms that exsist on defi might be where the volatility moved to at least for the time being. I haven’t done this much thinking about crypto in a good long while for sure. But is YFI over priced compared to btc or what? I’m literally left scratching my head into wondering about the first token that’s seemingly overtaken bitcoin in usd value, like what in the hell is going on?

submitted by /u/Kpenney
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