A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.
There appears to be strong support around $30,000, according to traders.
Bitcoin’s brief period of consolidation has opened a path for select altcoins to rally higher.
Tezos, Synthetix and Yearn finance are the most recent top performers in what appears to be a DeFi sector revival.
A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.
Bitcoin’s price is gyrating Monday while ether targets the moon.
Bitcoin is testing $19,000 as DeFi hits another milestone in total crypto locked.
Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%.
Bitcoin’s price closed in on $16,000 before losing steam while over $20 million in ether is already staked for the Ethereum 2.0 upgrade.
Bitcoin’s price was close to $16,000 Friday but lost momentum while ether locked in DeFi is on a downward trend.