Bitcoin Climbs to $113,800 as DeFi Protocols Attract $400M in Fresh Deposits

Bitcoin reached $113,800 on October 26, gaining 10% over ten days after recovering from mid-October lows. Decentralized finance protocols recorded $400 million in net Bitcoin inflows between October 17 and October 26, data show. The rally coincided with gold retreating 6% from its October 18 peak of $4,380 per ounce to $4,103.