Bitcoin price holds above $110,000; Ether, Solana, other crypto prices rally as DeFi lending surges
Bitcoin prices traded over half a percent higher on Monday, holding firmly above the $110,000 mark in sync with gains across the broader cryptocurrency market.
The world’s largest digital asset rose 0.52% to $111,259, while Ethereum edged up 0.05% to $4,295. Among altcoins, XRP gained 2.37%, Solana climbed 2.2%, and Dogecoin surged 6.8%. Bitcoin price, which touched an all-time high of $124,457.12 on August 14, is attempting to stabilize despite September historically being a weak month for cryptocurrency market.
“Bitcoin is stabilizing near resistance levels, where a breakout could be a massive trigger for broader upside, even as debates around a potential $100K correction linger,” said Avinash Shekhar, Co-Founder & CEO of Pi42. He…
