Top crypto traders explain why Yearn.finance (YFI) may top $50K soon

[Lenipiw]

Analysts believe DeFi sector growth could push the price of Yearn Finance (YFI) to $50,000 in the short term. Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. This occurred as the crypto market was still reeling from Bitcoin’s (BTC) sharp 17.5% correction which saw its price drop as low as $9,800 on some exchanges.

As Bitcoin price slowly recovered, YFI price increased by over 100% since Sept. 9 and many analysts now believe the token will make a run at the $50K mark soon.
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