Crypto Analyst Finds Link Between USDT on TRON and Bitcoin Price

Data analyst Joao Wedson has identified a correlation between the USDT transaction volume on the TRON network and Bitcoin prices. In a post on Cryptoquant, Wedson explained how USDT correlates more strongly with BTC than with TRX, the TRON network’s native cryptocurrency. Wedson observed that Binance controls over 60% of all USDT transfers on the The post Crypto Analyst Finds Link Between USDT on TRON and Bitcoin Price appeared first on Coin Edition .

Source: Coin Edition