As Bitcoin continues pushing to a fresh record high, market strategist Joel Kruger from LMAX Group suggests that there may be a more bullish development on the horizon. According to Kruger, the crypto market is showing signs of a revival in the decentralized finance (DeFi) space, with Ethereum playing a key role in this initiative.
DeFi has been gaining momentum in the crypto sphere, offering users the ability to access financial services without the need for traditional intermediaries. This shift towards decentralized platforms has sparked renewed interest in Ethereum, the blockchain network that supports a wide range of DeFi applications.
With the rise of DeFi projects and the growing popularity of Ethereum, the crypto market is poised for a new wave of innovation and investment. Investors are keeping a close eye on developments in the DeFi space, as these projects have the potential to reshape the future of finance.
