Crypto Tidbits: Bitcoin Nears $10,000, Tron CEOs Warren Buffett Rendezvous, Ethereum DeFi Hits $1B – newsBTC

Another week, another round ofCrypto Tidbits. Bitcoin saw quite the past week in terms of price action, rallying from a low of $9,100 to as high as $9,900 (a high just set hours ago as of the time of this articles writing). The asset is up 5% in the past week, per data from Coin360.

Interestingly, unlike other weeks, other digital assets outperformed BTC in the past seven days. Ethereum, especially, saw a massive surge higher, gaining 22% as buyers finally stepped in after 2019s brutal drawdown.

The underlying industry was just as exciting as the crypto market, with there being a confluence of developments that may excite readers.

Address totals suggest Bitcoin is likely to sustain above $9,000, as we see it. One of the most robust indicators of the 2018 price decline and 2019 recovery the 30-day average of Bitcoin active addresses from Coinmetrics is the highest since July, when the price peaked at about $14,000.

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Crypto Tidbits: Bitcoin Nears $10,000, Tron CEOs Warren Buffett Rendezvous, Ethereum DeFi Hits $1B - newsBTC