The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions.
- Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m. EDT). Slipping 1.8% over the previous 24 hours.
- Bitcoin’s 24-hour range: $10,250-$10,575
- BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.
Bitcoin’s price had remained in a narrow range since Monday, as the…