Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
USDT Dominance, a measure of the crypto market cap possessed by Tether the stablecoin, has been rising toward 5% in the past month. The rise of this dominance metric indicated that market participants preferred to sit on the sidelines rather than deploy their capital.
Yet, Monero has seen a strong rally in the past two months, which meant it had buyers at a…
Source link
