USDT Supply Increase and Bitcoin Price: Is There a Correlation?

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12 months ago bitnews

According to crypto insights provider Matrixport, new USDT issuance has slowed since mid-April but has recently begun to rise again. This uptick, as suggested in a post on X (formerly Twitter), indicates a bullish trend for the cryptocurrency market, with funds potentially shifting from traditional financial markets to crypto. On July 15th, Whale Alert reported The post USDT Supply Increase and Bitcoin Price: Is There a Correlation? appeared first on Coin Edition .