Bitwise CIO: Borrowing rates have continued to decline since the election, and the market may be at/near the bottom
According to BlockBeats, on April 9, Bitwise CIO Matt Hougan posted on social media that the annualized interest rate for borrowing USDT on the Aave platform has dropped to about 3.2%, which reflects the astonishing drop in borrowing rates since the election. In his opinion, this shows that the market is at/near the bottom.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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