Coin-Turk 3 minutes ago
7
Crypto analyst Justin Bennett has issued a warning regarding a significant potential drop in Bitcoin’s (BTC) value. In a post on the social media platform X, Bennett highlighted that Tether‘s (USDT) dominance level testing the range of 4.7% to 5% could lead to a serious decrease in Bitcoin’s price.
USDT Dominance and Bitcoin Price
According to Bennett, if Tether’s dominance rises to the 4.7% to 5% range, Bitcoin 
$93,840 could decline to as low as $85,000. Should this threshold be crossed, a significant correction in the cryptocurrency market is anticipated.
Bennett expressed that the increase in Tether’s dominance level could trigger a downturn in BTC. He predicts that market lows will only be possible if Tether’s …
License.Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet
