CryptoPhoenix
Seeing friends complain in the group, "Bitcoin has been a waste all year, and returns are even worse than Yu'e Bao," I understand that kind of disappointment. To be honest, Bitcoin's performance this year has indeed been a bit tough—dropping from a high of $126,000 in early October to below $94,000, with the annual increase basically flat. Compared to Yu'e Bao's stable yield of less than 1.3%, it feels even more painful.
But complaints aside, the underlying logic deserves a calm analysis.
**Liquidity is the real culprit**
This year's most awkward aspect of Bitcoin is that it has fallen along w
But complaints aside, the underlying logic deserves a calm analysis.
**Liquidity is the real culprit**
This year's most awkward aspect of Bitcoin is that it has fallen along w
BTC0.32%