I see tether 24h volume has reached $2.5billion.
That's second leader by that metric after BTC (its market volume for 24h is $6.5 billion).
From my opinion that means that now there are realy a lot of people/bots trading with Tether pairs constantly.
Comparing to BTC , BTC 24h volume is 5% of overlall marketcap, that seems to small comparing to tether.
As that Tether 24 volume is too big I came to conclusion, that can have influence on overall market.
When market go down, people trade with Teather pairs, and that cause more and more market fall according to big market volume per day.
What do you think about that?
Topic: Tether daily volume is more then its market cap. Can that affect overall market? (Read 117 times)
April 12, 2018, 07:55:42 AM
Jump to: