Bitcoin’s “Tether Printer Divergence” is Immensely Bullish; Here’s Why

Bitcoin’s price has not reached parity with the massive growth seen in issuance of stablecoins like Tether (USDT) The “divergence” between USDT issuance and BTC’s price action could be highly bullish The stablecoin boom in recent times also paints a positive picture for the entire crypto market Bitcoin has been experiencing some lackluster price action throughout the past several days and weeks, with the crypto hovering around the $7,000 region as its bulls and bears […]
Bitcoinist.com

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Author: toutiao