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How are Bitcoin Price Movement and USDT Minting Are Correlated? TokenAnalyst Reveals

During the year 2019, a total of $1.5 Billion worth of Tether was minted on both Omni(USDT Omni) and on Ethereum(USDT ERC20). A recent study by Token Analyst reveals the correlation between USDT minting and Bitcoin price movement.  Minting of USDT Results in Positive Bitcoin Price Movement  The study reveals that on days when USDT

During the year 2019, a total of $1.5 Billion worth of Tether was minted on both Omni(USDT Omni) and on Ethereum(USDT ERC20). A recent study by Token Analyst reveals the correlation between USDT minting and Bitcoin price movement.  Minting of USDT Results in Positive Bitcoin Price Movement  The study reveals that on days when USDT