Bitcoin briefly dipped below $42,000 earlier on Monday as low liquidity due to closed markets in the U.S. has made for relatively flat, sideways price action.
Are we headed into a bear market in line with the 4-year cycle theory, or are we witnessing a cycle lengthening as the Bitcoin halving cycle becomes less impactful on the overall market.
Coin of the day is Osmosis $OSMO, the main decentralized exchange on Cosmos.
Osmosis is the main way to access tokens on the Cosmos ecosystem and now the possibility of a bridge to Ethereum is helping to build momentum for this up-and-coming DEX with low transaction cost and fast processing times.
Also, for long-term Cosmos stakers, check to see if you received the ION airdrop from Osmosi which is currently worth around $15,000.