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Market Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise Again

Bitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous 24 hours.Bitcoin’s 24-hour range: $10,735-$11,052BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading on Coinbase

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Ethereum’s Pending Transactions Surge After Uniswap Token Claim Begins CoinDesk –

The number of pending transactions on Ethereum per minute has jumped 30% after the claim for Uniswap’s UNI token begins. The decentralized trading platform announced around 00:30 UTC time Thursday that it has launched its governance token dubbed UNI with 1 billion coins that will be released over the next four

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