Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees Up 550% in 2020
Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year.
After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.
Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.
Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.
A weak bitcoin market is not stopping Ethereum-powered DeFi growth.
The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons.