Bitcoin on Monday pursued a fake upside action across several exchanges, mainly BitFinex, after stablecoin Tether (USDT) started falling. The BTC/USD responded to the upside action witnessed in the BTC/USDT market. USDT traders started exiting their positions amidst growing concerns about BitFinex’s insolvency and its impact on the coin’s liquidity. The more traders swapped USDT
The post Bitcoin Price Intraday Analysis: BTC/USD Goes Haywire as USDT Declines appeared first on CCN
Posted by Yashu Gola on October 15, 2018 @ https://www.ccn.com/bitcoin-price-intraday-analysis-btc-usd-goes-haywire-as-usdt-declines/
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