What’s your next move on the Crypto Market for October 2021?

Alexander Rosemary
1 min readOct 8, 2021

At a time when Bitcoin price rises up to $55,000 — many market participants don’t know how to respond to this news. On the one hand, there are reasons for growth, including demand from institutional investors, favorable statements by American politicians about not planning to introduce strict bans on cryptocurrency, as well as U.S. Federal Reserve Chairman Jerome Powell’s statement that he does not intend to ban cryptocurrencies. On the other hand, all these do not give a 100% guarantee of further growth. Many find the situation a bit confusing and are considering the possibility of a more stable income. This is exactly where financial technology companies come in handy by offering to pay owners of stablecoins high annual percentage yields. Thus, USDT, USDC, DAI, and BUSD play an indispensable and legitimate function in stabilizing markets.

For some of you, it might be more relevant right now when market conditions are a bit uncertain. If, for some reason, you prefer not to rush into buying volatile currencies and wait for the right time, the Midas.Investments platform offers you an excellent opportunity to receive an increased interest rate of up to 18% APY on your USDT, USDC, DAI, and BUSD stablecoins.

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Alexander Rosemary

21 years old. I have always been obsessed with anything regarding IT zone. I have been really attracted to it and thus it’s both my hobby and my job!