Sideways Bitcoin price allows DeFi, Ethereum, and altcoins to rally higher

Cointelegraph

Published Nov 10, 2020 10:23PM ET

Updated Nov 11, 2020 12:40AM ET

For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support.

A positive is BTC continues to make higher lows and at the time of writing the price is trying to break from the range but still encountering resistance at $15,500.

Daily DEX volume. Source: Dune Analytics
Total value locked in DeFi (USD). Source: DeFi Pulse
ETH/USD 4-hour chart. Source: TradingView
ETH/BTC daily chart. Source: TradingView

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