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John Steven16
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With responsibility is part of the design not an afterthought. It guides builders and users to do things right from the start instead of fixing mistakes later. Trust grows naturally as apps rely on clean data and the system learns from every failure. #apro $AT
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With #APRO responsibility is part of the design not an afterthought. It guides builders and users to do things right from the start instead of fixing mistakes later. Trust grows naturally as apps rely on clean data and the system learns from every failure. $AT @APRO_Oracle #apro $AT
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short trade analysis &Setup $XRP
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$BNB See my returns and portfolio breakdown. Follow for investment tips
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- The main source of the BTC price decline is something called the "Japanese Yen Carry Trade". Here's how it works... Japan has kept interest rates very cheap (near zero) for many years. So the world's richest people and big companies borrow a lot of cheap Japanese yen at low interest rates. With the borrowed yen, you buy things that can yield higher returns, such as Bitcoin (BTC) and US stocks (and then pay interest and make a profit on the rest). The total value of these assets is estimated to be around $20 trillion. X The reason for the drop in Bitcoin price is The Bank of Japan (BOJ) has signaled that "we are going to change interest rates." So, the interest rates on previously cheap yen loans will suddenly become expensive. The rich need to pay off their loans as soon as possible before interest rates rise. To repay, they are forced to sell their risky assets like Bitcoin at once (mass selling). This wave of selling caused the BTC price to plummet from around $93,000. These sales have also affected organizations like MicroStrategy, and are causing a lot of fear in the market. But analysts see this as the best time to buy. It remains to be seen whether the market will fall back to $70,000 after the Bank of Japan's December meeting, or whether it will suddenly rebound and reach $100,000.
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