What does the total equivalent of USDT asset query mean?
What does the total equivalent of USDT asset query mean? The total equivalent of
What does the total equivalent of USDT asset query mean? The total equivalent of USDT asset query means calculating different prices based on different digital currencies such as Bitcoin and Ethereum. Generally speaking, the price of 1 BTC can be divided into three levels: ordinary trader (P/S) and standard trader (K/T). For Bitcoin, the calculation is based on the fluctuation of 3 times, 6 times, and 12 times the current coin price. For example, if Bitcoin falls from $100,000 to $20,000 and does not continue to fall, then Bitcoin becomes $4, which means that if Bitcoin falls below $5 again, it will become $9. If you want to benchmark it against gold, you can also convert it into euros or RMB, but now this value is already very low, so you need to rebalance your position.
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