Compared to the stock market and forex market, the crypto currency market is extremely volatile.
On January 3, there was a massive fall in the Bitcoin prices from $45000+ to $40813.53 allegedly because of rumors that the ETF may not get approved.
The prices of other cryptocurrencies like Dogecoin also fell rapidly.
The decline in the real time APR for USDT on Binance is very noticeable and it investors would like to find why the real time APR changes so rapidly.
A few days ago, Binance was offering a real time APR of 13% for a total APR of 20% +
On January 4, there has been a massive decline in real time APR for USDT to 3.85%
So relying on crypto income alone is extremely risky.
It would interesting to compare the interest rates/APR of Nexo, Stake and other similar platforms whether they have also decreased.
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