Bitcoin Taps $44K: DeFi Tokens Explode Amid Chinese Regulatory Uncertainty (Market Watch)


Source: elevenews.com elevenews.com

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The cryptocurrency market cap is up by $150 billion in a day as numerous DeFi coins have exploded by double-digits. Bitcoin stands near $44,000. After dumping below $41,000, bitcoin initiated an impressive leg up, resulting in tapping $44,000. Tokens from the decentralized finance space have charted even more notable gains in the past 24 hours, including a massive 30% surge from Uniswap. Bitcoin Gained $3K in Hours Unlike the previous weekends, this one wasn’t uneventful for BTC’s price. The cryptocurrency had just come off a bearish Friday in which it dropped by $4,000 in minutes following the latest FUD statement...