Market wrap: Bitcoin climbs to $ 11.5K with record amount in DeFi – CoinDesk – CoinDesk

Market wrap: Bitcoin climbs to $ 11.5K with record amount in DeFi – CoinDesk – CoinDesk

Bitcoin rebounded from Thursday’s drop at a time when cryptocurrency is more locked in DeFi than ever.

  • Bitcoin (BTC) is trading around $ 11,511 at 8:00 p.m. UTC (4:00 p.m. ET). Gain of 2.2% in the last 24 hours.
  • 24 Hour Range of Bitcoin: $ 11,231 – $ 11,552
  • BTC above its 10 and 50 day moving averages, a bullish signal for market technicians.

Bitcoin trading on Coinbase since August 26.…

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