Topic: Is Tether Supply a driver of Bitcoin Prices - page 2. (Read 353 times)
IMO USDT is one of the tools that help the BTC to move. And there are many coins in the market like it. Probably helps in the price manipulation. However being a widely used stable currency allows us to see it immediately. BTC is king and it is normal for others to revolve around the king.
Been seeing so many different articles on this. Charts show a strong correlation in supply of tether with rise in BTC prices. Is Tether supply and trading a significant driver of Bitcoin prices in 2019 up from $3k level in Dec 2018? If so, how much really [estimates with precision]? And what happens to Bitcoin prices if there's a Tether crackdown or if some other really bad news about Tether hits the newswires?
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