Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.
The bitcoin market dipped again Tuesday while traders have scooped up ether options at the $1,120 price level.
OMG helps speed transactions and lower fees on the Ethereum network by handling transactions off-chain.
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.
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.
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.
Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.