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Topic: Terra Usdt vs BTC price corellation - page 2. (Read 337 times)

legendary
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Playgram - The Telegram Casino
May 16, 2022, 05:55:32 AM
#2
I stopped paying attention to the post and indeed the article when they talked about "experts". This seems to just be a word media channels throw around to give credibility to unfounded assumptions or to refer to channels with large following.

Bitcoin does not have a dependent correlation with Terra USDT and a drop in the latter would not have an effect on the former. Price drops would be for a variety of reasons some of which were listed in the article.
hero member
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May 16, 2022, 05:43:37 AM
#1
 With the price of BTC going down, many crypto experts have come up with different reasons they feel are factors responsible for it's downward slope. Chief amongst those factors is the trending Terra Usdt which is one of the largest stable coins in the market and also has the ability of enabling transactions to process with predictable results and giving crypto investors and traders an option their assets in cryptocurrency without the risk and volatility involved.
 BTC to USD= 29,678.90 as of time of writing, but  many believe and are expectant that it will rise, after all volatility is every where. Other factors which they believe seem to threaten the balance for BTC are the surging inflation, lagging recovery in the job market, the COVID-19 pandemic in the US amongst others.
 This could pose a challenge to new investors as they might prefer to wait till there is a semblance of order. But then, will there ever be an order?? https://time.com/nextadvisor/investing/cryptocurrency/bitcoin-crash-continues/
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