Tether minted another 2B $USDT an hour ago. Will this drive $BTC's price up?
In 2015, #Tether minted a total of 15.7B $USDT(including burns) on #Tron and #Ethereum.
As shown in the image below, Tether's minting of $USDT has typically led to a rise in $BTC's price.
From April 23 to May 7, #Tether minted 6B $USDT, pushing the price of $BTC to break through $100K again after 3 months.
On May 15, #Tether minted 2B $USDT, and then the price of $BTC broke through $105K.
So, will this latest 2B $USDT mint by #Tether push $BTC's price to a new all-time high?
https://intel.arkm.com/explorer/entity/tether


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