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Alpha Points
NEW
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NEW
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Earn interests with idle tokens
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Pledge one crypto to borrow another
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One-stop lending hub
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Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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BTC Staking
HOT
Stake BTC and earn 10% APR
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Use USDT/USDC to mint GUSD for treasury-level yields
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I saw that you all are saying that U has dropped in price today, so I also took a look and surprisingly it has indeed fallen. The current U price is 6.93, and the RMB to USD exchange rate remains stable above 7. U's decline a while ago was due to policy suppression, and now the drop is because the entire cryptocurrency market is falling, with BTC dropping and ETH falling along with BTC. As the New Year approaches, institutions are taking holidays, trading volume on the exchange is sluggish, with only 600 million dollars in BTC transactions today. The off-exchange USDT price is even lower at 6.91.
Such a low level indicates that no one is willing to buy the dip. Institutions are preparing for the New Year, and we should also get ready for the holiday. Eating well and drinking well is the right way.