Bitwise CIO: Borrowing rates have continued to decline since the election, and the market may be at/near the bottom

According to BlockBeats, on April 9, Bitwise CIO Matt Hougan posted on social media that the annualized interest rate for borrowing USDT on the Aave platform has dropped to about 3.2%, which reflects the astonishing drop in borrowing rates since the election. In his opinion, this shows that the market is at/near the bottom.