Are Controversial Tethers Responsible for the Bitcoin Price Pump?

A lot of people keep a close eye on the Bitcoin price Whiles till heavily manipulated, the growth cannot be denied whatsoever. Surprisingly, it seems any link between the price and Tether is slowly disappearing. This recent price jump to a new all-time high has nothing to do with USDT whatsoever. That doesn’t mean there is nothing strange going on with Tether, but for now, it has less of an effect on the current Bitcoin price trend. How this situation will evolve, remains to be seen.

It was pretty evident Tether was issuing additional USDT to prop up the Bitcoin price. Although this has never been proven, coincidences like these do not exist in cryptocurrency. More USDT were issued at the same time the Bitcoin price showed signs of weakness. The same cycle repeated itself multiple times over. However, this current price jump has nothing to do with USDT or any other shenanigans. It seems we may have some organic growth for the time in a while…

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