Crypto News 

How the Dollar-Backed Crypto Tether Might Be Influencing the Price of Bitcoin

“Last week, cryptocurrencies jumped as the controversial dollar-pegged token Tether fell to $0.93 (it has since rebounded to $0.97)” writes Tanzeel Akhtar for thestreet.com. Any significant movement in the price of Tether will be a surprise to investors as the token is meant to have a stable exchange rate of roughly 1 Tether token to $1.Many crypto investors believes this is a temporary loss of faith in the stablecoin Tether.
 
Source: thestreet.com



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