Report Finds Correlation Between USDT Issuances and BTC Price Moves

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Report Finds Correlation Between USDT Issuances and BTC Price MovesThe Tether Report, a pseudonymously authored analysis examining the speculative assertion that bitcoin price volatility is highly correlated to the issuance of new USDT, has claimed that approximately 48.8% of bullish price movements have occurred within the two-hours immediately following ninety-one individual Tether grants. Also Read: Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion […]

The post Report Finds Correlation Between USDT Issuances and BTC Price Moves appeared first on Bitcoin News.

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