The lending rates on Bitfinex have experienced a significant increase, with orders being charged at an annual percentage rate (APR) of 30%. This surge is viewed as a positive indication as it suggests that large spot investors are adding to their positions after the recent market pullback. Historically, a 30% APR on Bitfinex has been a reliable signal of a major bull market, leading analysts to believe that institutional and large-scale investors are regaining confidence, potentially leading to a cryptocurrency price rally in the upcoming weeks. At the time of writing, the largest cryptocurrency is trading at $67,015, having recently surpassed $69,000.



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