Potential Positive Influence on Bitcoin Price: USDT Circulating Supply Surge
USDT supply surge correlates with Bitcoin's rise, suggesting influence on market trends. Caution urged due to reliance on stablecoin dynamics.
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USDT supply surge correlates with Bitcoin's rise, suggesting influence on market trends. Caution urged due to reliance on stablecoin dynamics.
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Overall, however, the price has tanked 56% since launching on the weekend at an opening price of $18.87.
The major crypto exchange said on Thursday it would delist the trading pair if the price fell under 0.005 USDT, which has already happened.