Bitcoin's Bull Run: Consolidation, Predictions, and Nationalization
Bitcoin is testing $28,000, but a consolidation at $25K is possible, according to analysts. Decentralized derivatives exchanges are facing a liquidity crisis, with some platforms running out of liquidity, leading to questions about the scalability of the concept. However, Perpetual Protocol is still seeing its open interest grow. Meanwhile, ether traders are pushing up the price after the latest DeFi crisis involving protocol Euler Finance seems to be coming to a close.