USDT Inflows and Bitcoin Price: Correlation or Causation? CryptoQuant Analysis
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USDT transaction inflows in 2024 show a correlation with Bitcoin price movements, according to a report from CryptoQuant. USDT’s transaction chart displays notable spikes in inflow in early January, late April, and late June, signaling significant exchange activity. Bitcoin also demonstrated a similar price movement during these periods, maintaining a strong upward trend until mid-April. The post USDT Inflows and Bitcoin Price: Correlation or Causation? CryptoQuant Analysis appeared first on Coin Edition .
Source: Coin Edition
