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What is the equivalent of 75 basis points in cryptocurrency?

avatarAli AzimiDec 25, 2021 · 3 years ago3 answers

Can you explain what 75 basis points mean in the context of cryptocurrency?

What is the equivalent of 75 basis points in cryptocurrency?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    75 basis points in cryptocurrency refers to a 0.75% change in the value of a cryptocurrency. It is a commonly used term to measure the percentage change in interest rates or yields. For example, if the interest rate of a cryptocurrency increases by 75 basis points, it means that the interest rate has increased by 0.75%. This can have an impact on the overall value and volatility of the cryptocurrency market.
  • avatarDec 25, 2021 · 3 years ago
    In cryptocurrency, 75 basis points is equivalent to a 0.75% movement in price. It is used to measure the percentage change in interest rates or yields. For instance, if the yield of a cryptocurrency increases by 75 basis points, it means that the yield has increased by 0.75%. This can affect the demand and supply dynamics of the cryptocurrency, leading to potential price fluctuations.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to cryptocurrency, 75 basis points means a 0.75% change in value. It's a way to measure the percentage change in interest rates or yields. So, if the interest rate of a cryptocurrency goes up by 75 basis points, it means it has increased by 0.75%. This can impact the overall market sentiment and potentially lead to increased buying or selling activity.