Decentralized finance, or DeFi, is captivating the crypto market, and that is causing weakness for bitcoin.
Bitcoin and altcoins are facing selling near key resistance levels, but for now the possibility of a sharp fall remains low.
Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market.
Bitcoin’s price continues to trend upward while the ether options market signals bearish sentiment.
Bitcoin remains stuck in a tightening range but select altcoins may begin moving higher if they bounce off their key support levels.
Oracles have played a major role in the huge growth of the DeFi ecosystem observed in 2020.
Although Bitcoin price is range-bound, a few altcoins have started a relief rally which could push them above key resistance levels.
After a brief hiatus from crypto trading, Dave Portnoy says he’s coming back to Bitcoin, but are there other reasons for his return?
Bitcoin is making some modest price gains while the ether roller coaster gathers more steam.
Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time.