Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
Bitcoin has been in a $30,000-$35,000 range for almost a week at a time when some market participants are seeking out ether and other crypto to trade during the perceived doldrums.
- Bitcoin (BTC) trading around $32,003 as of 21:00 UTC (4 p.m. ET). Slipping 4% over the previous 24 hours.
- Bitcoin’s 24-hour range: $30,875- $32,967 (CoinDesk 20)
- BTC above the 10-hour but below the 50-hour moving averages on the hourly chart, a sideways signal for market technicians.
[…] Continue Reading