Bitcoin Is Up, DeFi Is Recovering, So Why Doesn’t This Look Like a Bull Market Yet?

Bitcoin Is Up, DeFi Is Recovering, So Why Doesn’t This Look Like a Bull Market Yet?

Bitcoin and Ethereum have recovered much of their July losses. Bitcoin rose about 38% from its July low to trade near $83,020 in late September. Ethereum recovered from around $1,610 to roughly $2,665 over the same period. Both assets remained below their January levels, with Bitcoin about 7% lower and Ethereum about 11% lower. Technical …