Ethereum skyrockets, ignors another hack attack on DeFi protocol

Here’s what you need to know on Monday

Markets:

BTC/USD has regained ground above $7,200 during early Asian hours to trade at $7,220 at the time of writing.  The coin has grown by 1.5% since the beginning of the day and stayed unchanged on a day-to-day basis. If the gains proved to be sustainable, we may see an extended recovery towards the next strong barrier of $7,500.

At the time of writing, ETH/USD is changing hands at $186.00. The second-largest coin hit the intraday high $186.67 but failed to hold the ground. Despite the correction, it is still 3.5% since the start of the day and mostly unchanged on a day-to-day basis. ETH/USD is moving in a short-term bearish trend. The volatility is shrinking.

XRP/USD is changing hands at $0.1950 during early Asian hours, close the intraday high of $0.1948. The coin has gained 2.9%  since the beginning of the day.  From the short-term perspective, XRP/USD is trading within a bullish trend amid low…