What does the rise of USDT mean (USDT increase)
What does the rise of USDT mean? According to the market data from Huobi Global
What does the rise of USDT mean? According to the market data from Huobi Global, USDT has increased by 10% in the past 24 hours. According to the latest information released by Huobi, the price of USDT has exceeded $30, with an increase of 8% and a market value of 1.5 billion US dollars.
Another interesting data is that the position of Bitcoin futures contracts on Bitfinex has reached a high point in nearly 10 months. From a daily perspective, this surge is most prominent in the BTC and ETH markets, but it is not in an ideal state. Since April, the price of Bitcoin has been falling but has only rebounded slightly, indicating that the overall market trend is not optimistic.
USDT increase
USDT has risen more than 7% today, with a market value of 1.47 billion US dollars. Yesterday evening, there was a rumor that Ripple might be listed on CoinbasePro.
According to Bloomberg, in the past few days, the prices of Bitcoin and Ethereum have risen sharply, and the correlation between Bitcoin and the S&P 500 Index has reached a new high. The S&P 500 Index has also dropped by 4% to 1.08% during the same period. In addition, the Bitcoin futures market has experienced a strong rebound, and Bitcoin has now broken through the $20,000 mark.
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