Bitcoin And Crypto Market Roundup, September 14

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Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up. On the chart, this price action is reflected in a series of long wicks around $10K, suggesting strong support. Elsewhere, Ethereum is moving up. The second-largest crypto has outpaced Bitcoin again this week, gaining 4% while the world’s largest cryptoasset finishes flat. Even further ahead, small altcoins are winning big, with NEO and BNB making stellar gains on the back of new DeFi products. This Week’s Highlights Altcoins Flourish on Yield Farming Frenzy Soaring Hashrate Hints at Higher Prices Altcoins Flourish on Yield Farming Frenzy The launch of DeFi protocols on smaller blockchains is spurring demand for Ethereum’s competitors. These altcoins aim to dethrone the smart contract leader by making yield farming more accessible to…

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