Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud

Traders like action, and this week has been bereft of it so far. However, it is not stopping some from scooping up $9,400 bitcoin, said Michael Gord, CEO and co-founder of brokerage Global Digital Assets. “There has always been a brief accumulation phase following each halving and each accumulation phase has gotten longer as the market has matured,” he told CoinDesk.