Market Wrap: Bitcoin Rises to .8K, Ether Hits New High and DeFi Crosses B Locked

Market Wrap: Bitcoin Rises to $35.8K, Ether Hits New High and DeFi Crosses $28B Locked

Bitcoin reversed several days of sideways trading to head higher, ether broke $1,500 for the first time and DeFi’s ecosystem has a record amount of value locked in dollar terms.

  • Bitcoin (BTC) trading around $35,824 as of 21:00 UTC (4 p.m. ET). Gaining 6% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $33,459-$35,824 (CoinDesk 20)
  • BTC above the 10-hour but below the 50-hour moving average on the hourly chart, a sideways signal for market technicians.

Bitcoin trading on Bitstamp since…


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