
Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B
Crypto spot volumes rose to the second-highest level in over a month.
Related News
Bitcoin price jumped after a sleepy weekend while ether options interest has been weaker than the past month.
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
Bitcoin’s price hit $13,600 before retrenching while some investors pulled crypto out of DeFi.
Bitcoin’s price was close to $16,000 Friday but lost momentum while ether locked in DeFi is on a downward trend.
Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.