What Does “Interest” Mean in the Crypto Circle (Crypto Circle Negative News)

What does “interest” mean in the crypto circle? For investors, what does “interest” mean in the crypto circle? The price fluctuations of cryptocurrencies are determined by the yield generated by traders at a certain point in time and the interest rate they generate. As the price of Bitcoin has reached a new all-time high, many investors speculate on this number. If they think there will be a sudden drop or a market crash, it can be understood as the reason why investors lose all their capital.

Generally speaking, when people buy a certain amount of digital currency, they need to pay a certain fee to maintain their profitability. However, as the market develops and becomes more lively, many people consider it a gamble. But does this mean losing money? Because most people do not receive corresponding returns when making purchases, investors usually choose to hold other assets or participate in them to earn interest.

Crypto Circle Negative News

Last night, BTC rebounded briefly above 9800 and then plunged nearly 200 points. Currently, the market is generally in a period of consolidation and repair. However, on the hourly chart, the MACD indicator has started to turn bearish, and the KDJ indicator is also approaching the overbought zone. The bullish forces still have some effect, so we still need to be cautious. The strength of this rally is far less than the previous increase in amplitude and intensity. We need to closely monitor whether there will be a breakthrough in the follow-up trend.

Early this morning, there was stimulus in the news, with the three major US stock indexes collectively plummeting, the S&P 500 hitting a new high for the year, and the Nasdaq 100 index closing up over 5%, these fundamental factors combined to have a positive impact. At the same time, Grayscale Trust increased its holdings by about 20,000 bitcoins, accounting for 3.6% of the total circulation. (Data source: Feixiaohao)