
Breaking Down the Impact of Tether’s $1.3B USDT Minting on Bitcoin’s Price and the $65K Barrier: A Thoughtful Analysis
Tether’s $1.3 Billion Injection into the Cryptocurrency Market Introduction Recently, Tether has made waves in the cryptocurrency market by minting over $1.3 billion in USDT since the market bottom on August 5. These funds have been transferred to centralized exchanges like Kraken and Coinbase, leading to speculation about potential buying pressure in the market. As…