So appears to end this week within tickling distance of $11,000. Experts suggest that the next test of upper level support will be at $11,100 before a move to $12,100. Statistician Willy Woo is optimistic. He thinks there’s little chance of a “catastrophic” dump.
Some Bitcoin though, can’t be dumped. More than a billion dollars’ worth of Bitcoin has now been tokenized to access DeFi protocols on the network. That’s almost 100,000 Bitcoins and more than 12 percent of DeFi’s combined capitalization.
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