Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
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 is in a tight range Thursday while some investors are moving into ether.
Bitcoin’s price rise stalled out just before hitting $19,500 Wednesday. The Ethereum network’s fees are in an upswing.
OMG helps speed transactions and lower fees on the Ethereum network by handling transactions off-chain.
Bitcoin is testing $19,000 as DeFi hits another milestone in total crypto locked.
Bitcoin’s price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi.