$BTC is showing a growing decoupling trend from the stock market indices and further reinforcing its distinctive Digital Gold narrative.
Decoupling also means investors will look for more diversification and attractive yield options in #BTCFi (Bitcoin DeFi).
And @babylonlabs_io has recently locked down @SuiNetwork to become a Bitcoin Secured Network (BSN). Large sum for #BTCFi.
Let's talk about it 🧵
It doesn't feel entirely out of nowhere!
Sui has ramped up BTC exposure on their chain since Q1 this year, integrating with $wBTC $lbtc, $stBTC.
They are committed to tapping into that $1.5 T+ liquidity and making BTC usable with DeFi.
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