Tether's $1 Billion Mint #shorts #crypto #cryptocurrency #bitcoin
2024-12-25T13:49:42+0800

Tether recently minted $1 billion, increasing its market cap to over $110 billion, potentially pushing Bitcoin to new all-time highs. Tether’s investments in Bitcoin and institutional inflows into Bitcoin ETFs are fueling the recent rally. Bitcoin has broken out on the daily chart, with $65,000 as strong support. A temporary dip below $63,500 could occur before Bitcoin reclaims the $70,000 mark, possibly leading to $1.76 billion in liquidations of leveraged long positions. Despite potential corrections, Bitcoin's price has stabilized between $64,000 and $66,000 in the last 24 hours. The market has fluctuated due to US inflation data, with Bitcoin jumping from $62,000 to $66,000 after April’s data release. #Tether #Bitcoin #CryptoRally #BitcoinPrice #CryptoNews #BitcoinETF #MarketCap #InvestmentNews #USInflation #BTC #DigitalAssets #CryptoInvesting #PriceBreakout #MarketFluctuation #investmentadvice #bitcoin #btc #bitcoinnews #btcnews #bitcoinprice #btcprice #bitcoinnewstoday #bitcointoday #btcnewstoday #cryptocurrency #cryptoworld #cryptopredictionstoday #ethereum #bitcoinpriceprediction #bitcoincrash #bitcoinprediction #bitcoinanalysis #ethereumprice #ethereumpriceprediction #ethereumnews #ethereumnewstoday #ethpriceprediction #cryptonews #solanapriceprediction #solanacrypto #bitcoinetf #bitcoinetfnews #bitcoinetfapproval #btcetf #etf