The total market value of fixed assets has exceeded $ 20 billion and demand from investors to hedge their risks in the cryptocurrency market continues.

09月

2020-9-25 09:41

According to Coindesk, according to data from Coin Metrics, the coin's total market value currently exceeds US $ 20 billion, indicating growing demand for resistance from investors. . John Todaro, research director of cryptocurrency analysis firm TradeBlock, said the recent drop in the value of unstable cryptocurrencies such as Bitcoin was a key factor in the failure of recent increases in the value of fixed assets. More and more traders and investors see stable money as an intermediate step before investing in many high risk cryptocurrencies. After purchasing stable coins in the United States or other fiat currencies, you can exchange the fixed currency for crypto transactions such as Bitcoin and Ethereum. The increase in demand for fixed funds is also due to the interest in DeFi. DeFi users use fixed funds to get the most out of various DeFi platforms (such as Uniswap, Curve, and Aave).

Open A-shares: Shanghai Composite Index 0.35%, Shenzhen Coin Index 0.46% open

As reported A opened, the Shanghai Composite Index closed at 3234.37 points (0.35%), the Shenzhen Coin Index closed at 12876.08 points (0.46%), and the index Shenzhen Blockchain 50 closed at 3819.52 points (0.46%). Digital currency trading increased 0.40%.

2020-9-25 09:30