Crypto Daily: Tether Printed New Billion USDT; Bitcoin Chart Analytics
Published in
Apr 9, 2021
Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Ethereum approached again historical highs, XRP broke through an important psychological mark of $1, BNB confidently consolidated above $400.
Yesterday it became known that Tether has released 2 new batches of 500 million USDT each. The trading volume of this stablecoin has grown by 50% since the beginning of April and now stands at almost $100 billion per day. Let’s see if this is a signal for a new round of growth for Bitcoin: