Morpho rallies 8.6% on Bitso integration, outperforms Bitcoin and Ethereum

On the 26th of October, Latin American digital asset platform Bitso launched Bóvedas, allowing users to earn on-chain yield on USDC and MXNB through dedicated vaults curated by Gauntlet on Morpho [MORPHO]. This opens the Morpho infrastructure directly onto the retail Bitso app. The collaboration to enhance yield opportunities means millions of users can now access Morpho-powered lending markets. While Bitcoin [BTC] and Ethereum [ETH] faced 24-hour losses of around 0.5%, Morpho has rallied by 8.6%, with a daily trading volume surge of 25%. Morpho begins a bullish recovery The Bitso news has likely triggered a spark of bullish sentiment as prices dipped into a local support zone around $2. The altcoin previously approached this psychological round-number level in mid-September and bounced higher.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to AMBCrypto.