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Market Wrap: Bitcoin Braces for $700M in Options to Expire; Record $7B Value Locked in DeFi

The bitcoin market bottomed out around $11,100 before bouncing back; DeFi continues an upward trend, garnering interest from traders and perhaps creating new ones. Bitcoin (BTC) trading around $11,467 as of 20:00 UTC (4 p.m. ET). Gaining 1.2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,102-$11,593.BTC above its 10-day moving average

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