From TokenPost · · 40s
Tether Market Value Drops $810 Million
Tether USDt lost $810 million in market value over five days as Bitcoin tried to recover.
In brief
Tether USDt lost $810 million in market value over five days as Bitcoin tried to recover. Tether USDt market value fell $810 million in five days, raising questions about dollar-linked liquidity during Bitcoin's recovery attempt. Originally reported by TokenPost.
Tether Market Value Decline
Tether USDt lost $810 million in market value between mid-October daily readings.
Market Value Range
USDT’s market value fell from $183.87 billion on Oct. 15-16 to $183.06 billion on Oct. 20-21.
Liquidity Concerns
The decline does not show $810 million left crypto; holders can shift to other stablecoins or buy Bitcoin without USDT.
What to remember
Tether USDt market value fell $810 million in five days, raising questions about dollar-linked liquidity during Bitcoin's recovery attempt.
