Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
USDt Dominance, which is a metric for the dominance of Tether in the crypto market, has fallen from 7.12% to 6.18% at press time. The implication of this development is that market participants have moved out of holding USDt and likely have deployed it in the crypto markets. However, with Bitcoin unable to climb past the $30.8k mark in the past few days, can…
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