#403k

Market Wrap: Bitcoin Reaches $40.3K While DeFi Value Locked Inflates to Over $22B

Large trading volumes in the bitcoin spot market are helping push prices upward to a fresh record high. Ethereum-based DeFi value locked is also setting records, with rising crypto values playing a part. Bitcoin (BTC) trading around $39,143 as of 21:00 UTC (4 p.m. ET). Gaining 8.4% over the previous 24 hours. Bitcoin’s 24-hour range: $36,382-$40,324 (CoinDesk 20) BTC above its 10-hour and…