Market wrap: Bitcoin hits $ 11.8K; Ethereum gas at record high – CoinDesk – CoinDesk

Market wrap: Bitcoin hits $ 11.8K; Ethereum gas at record high – CoinDesk – CoinDesk

The bitcoin market saw low volume on Monday, but the ether continues to fuel DeFi’s growth.

  • Bitcoin (BTC) is trading around $ 11,737 at 8:00 p.m. UTC (4:00 p.m. ET). Gain 0.34% over the last 24 hours.
  • Bitcoin’s 24-hour range: $ 11,592 to $ 11,823.
  • BTC above its 10 and 50 day moving averages, a bullish signal for market technicians.

Bitcoin trading on Coinbase since August 22.Source: Trad…

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