Bitcoin (BTC) recovered from the crash under $8,000, once again with a dramatic appreciation that observers linked to a sudden spike in Bitfinex activity, coinciding with new Tether (USDT) issues.
Bakkt Exchange Sets Date for Testing Bitcoin (BTC) Futures |
The share of Tether (USDT) trading remains high at around 73% of BTC activity. More USDT printings happened in the past week, potentially injecting activity into BTC, as the total supply of the stablecoin is now above 3.4 billion, with additional coins on other networks.
Bitfinex’s LEO Token Spikes 30% in a Week With OKEx Listing |
XRP (XRP) retreated to $0.39, losing about 4% of its price after BTC once again re-established its dominance. XRP also fel...