Morpho Rallies 7% On Bitso Integration Approaching Critical $2.30 Resistance Zone

Morpho rose 5% over the past two hours , reaching $2.15 per token , following the launch of a new yield-generating service by Bitso that uses the DeFi protocol’s infrastructure. According to the latest CoinMarketCap data, trading volume increased by 12% to approximately $20 million , while MORPHO’s market capitalization exceeds $1.15 billion . Bitso launched Bóvedas , a product that allows users to earn onchain yields on USDC and MXNB through Morpho vaults curated by Gauntlet . The integration provides direct access to decentralized lending markets through the Bitso app. The token’s recovery follows a decline toward the $2 support zone , a level from which it had previously rebounded in September. However, the token still faces significant resistance at $2.30 .

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