☝️ Uncertainty breeds yield.
#PAXG #DEFI
⛽️ News from the Middle East is driving oil (10%) and gold prices up.
The demand for the cryptocurrency variation of gold $PAXG has indeed increased. Yesterday, the yield on commissions was ~ 14%. Now it's 60%.
🍿 And along with the rocket in gold, a torpedo hit the crypto market. $BTC - 4%, altcoins are rolling to hell (nothing new).
❌ Overnight, 251,213 trader positions have permanently left us. The total loss exceeds $1.16 billion.
When uncertainty looms over assets — volatility increases. And volatility breeds increased yield for investors. For those who are scared of the volatility of Bitcoin/altcoins — there is an option to generate cash flow through DeFi products.