Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked

Bitcoin was gaining amid positive institutional and retail adoption signs as the amount of crypto locked in Uniswap signals DeFi continues to be more just than a fad.

  • Bitcoin (BTC) trading around $16,154 as of 21:00 UTC (4 p.m. ET). Gaining 2.9% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $15,454-$16,186
  • BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.

Bitcoin trading on Bitstamp since Nov. 10.
Source: TradingView

Bitcoin was trending upward…


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