How Tether’s $1.3B USDT Minting Could Impact Bitcoin’s Price and the $65K Barrier

TL;DR Tether has minted over $1.3 billion in USDT since the crypto market bottom on August 5, transferring these funds to centralized exchanges like Kraken and Coinbase. The injection of USDT suggests potential buying pressure. Since the recent bottom, Bitcoin has recovered over 21%, currently trading around $60,000. BTC needs to surpass the $65,000 barrier, ... source: https://crypto-economy.com/how-tethers-1-3b-usdt-minting-could-impact-bitcoins-price-and-the-65k-barrier/