Home Ethereum Bitcoin and Ethereum start the week with moderate gains as PancakeSwap rallies

Bitcoin and Ethereum start the week with moderate gains as PancakeSwap rallies

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Crypto markets enjoyed a healthy recovery over the weekend, enjoying a 6.6% rally to US$1.13 billion on Monday morning.

Bitcoin underperformed slightly rising 3.3% to US$23,600, while Ethereum took charge rallying 7% to open the week at US$1,730. It was a bullish weekend for the largest decentralized exchange (DEX) Binance PancakeSwap, having added more than 16% to its market capitalization of $680 million.

Ethereum’s largest DEX Uniswap, on the other hand, added 1.2% more conservative. The decentralized finance (DeFi) space as a whole is up 2.9% since Friday, with MakerDAO, Aave, and decentralized stablecoin exchange Curve all performing well in the markets.

Oasis Network’s ROSE token has surged 25% in the past 24 hours alone.

The Layer-1 blockchain recently caught the eye following an announcement of a partnership with Meta to develop privacy-protected AI systems.

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