Tether Slips as $155B Surge Fuels Crypto Liquidity
Tether Slips as $155B Surge Fuels Crypto Liquidity Wave USDT dominance declines while market cap hits $155B, indicating fresh liquidity flowing into BTC and altcoins amid weekly USDT minting.
USDT dominance is forming consistent lower highs, suggesting reduced reliance on stablecoins amid increasing investor risk appetite.
The market cap of Tether has rocketed above $155 billion, indicating new liquidity pouring into the crypto market rather than lying dormant.
Weekly USDT minting continues, indicating steady capital inflow and increasing allocation toward Bitcoin and altcoins.
Tether (USDT), the world’s biggest stablecoin by market cap, still displays mixed signs in leading indicators. The asset, while still strongly pegged to $1.00, with virtually no price action within the $0.9999 and $1.00 range, its dominance chart is in strong downtrend. USDT dominance has consistently formed lower highs, with the latest rejection adding to this multi-year pattern of decline.
#Share Your Thoughts on Popular Assets in June#Check In to Win a 20g Gold Bar#Claim1,200 USDT in the Monthly Creation Challenge
Tutti i commenti0RecentePopolare