While cryptocurrency lending platform Aave’s native coin AAVE was up 15% at $91, decentralized exchange Uniswap’s UNI traded at $7, representing a 13% gain, CoinDesk data shows. Bitcoin (BTC), the biggest cryptocurrency by market value, changed hands at $20,660, up 3.5%, while Ethereum’s ether (ETH) token was priced at $1,200, up 8%. Other notable gainers were programmable blockchain Solana’s SOL cryptocurrency, privacy-focused coin monero, Polygon’s MATIC, cosmos and algorand.
Originally Posted on: https://www.coindesk.com/markets/2022/07/15/defi-coins-outperform-bitcoin-ether-as-traders-pare-bets-on-jumbo-fed-rate-hike/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Omkar Godbole