Bitcoin (BTC) looks shaky again, after burrowing below $10,000 for the third time this month. The leading coin kept up the pattern of getting a short-term boost, followed by a crash. BTC traded around $9,740.86 as of 7:40 UTC on Wednesday, on volumes of around $18 billion’s equivalent.
BTC is still the second-best traded coin, with a share of 39.89% of all crypto-to-crypto deals. Tether (USDT) is now the leading coin, taking over more than 33% of the entire digital asset market. USDT has grown its supply to above 4 billion coins, boosting BTC in the process.
But the effect has failed to boost the coin to above its all-time peak, as mainstream investors are still staying away. The current price activity is mostly already experienced traders increasing their trading o...