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Bitfinex Lending Rates Surge to 30% APR: Bullish Signal Bitcoin and Crypto?


by Coin Edition
for CoinEdition
Bitfinex Lending Rates Surge to 30% APR Bullish Signal Bitcoin and Crypto
  • Bitfinex lending rates have surged to 30% APR, signaling bullish market sentiment.
  • Large spot traders are expanding positions amid rising lending activity and market pullback.
  • High-interest USD loans indicate confidence in favorable market conditions in coming months.

Bitfinex’s lending rates have surged, with numerous orders today hitting an impressive 30% APR (annual percentage rate). This spike in interest rates, particularly for USD loans, is seen by many in the crypto community as a strong bullish signal.

As per Greeks.live data, for the past two years, similar spikes have often preceded major market rallies, and today’s rates have once again caught the attention of seasoned traders. With the market experiencing a slight pullback, large spot traders seem to be positioning themselves for a potential bull run.

The post Bitfinex Lending Rates Surge to 30% APR: Bullish Signal Bitcoin and Crypto? appeared first on Coin Edition.

Read the article at CoinEdition

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Bitfinex Lending Rates Surge to 30% APR: Bullish Signal Bitcoin and Crypto?


by Coin Edition
for CoinEdition
Bitfinex Lending Rates Surge to 30% APR Bullish Signal Bitcoin and Crypto
  • Bitfinex lending rates have surged to 30% APR, signaling bullish market sentiment.
  • Large spot traders are expanding positions amid rising lending activity and market pullback.
  • High-interest USD loans indicate confidence in favorable market conditions in coming months.

Bitfinex’s lending rates have surged, with numerous orders today hitting an impressive 30% APR (annual percentage rate). This spike in interest rates, particularly for USD loans, is seen by many in the crypto community as a strong bullish signal.

As per Greeks.live data, for the past two years, similar spikes have often preceded major market rallies, and today’s rates have once again caught the attention of seasoned traders. With the market experiencing a slight pullback, large spot traders seem to be positioning themselves for a potential bull run.

The post Bitfinex Lending Rates Surge to 30% APR: Bullish Signal Bitcoin and Crypto? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum Restarts its Journey to $4,000, These Signals Validate a Strong Bullish Outlook

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The first quarter of the year kicked off on an interesting note for Ethereum (ETH), w...
XRP Overtakes USDT Market Cap, But Price Concerns Remain – Here’s Why

XRP Overtakes USDT Market Cap, But Price Concerns Remain – Here’s Why

XRP recently achieved a significant milestone, pushing its market cap to $164.47 bill...