News with the tag "USDT Dominance"

Bitcoin has extended its consolidation below $100,000 since the beginning of February. This price lag has been compounded by a slowdown in bullish sentiment among investors and a slowing euphoria regarding the crypto-positive influences of Trump’s new administration in the US. Despite this rally slo...

In 2024, TRON (TRX) solidified its position as a leader in Tether (USDT) transactions, averaging $17.9 billion in daily transfers. With trading and DeFi volumes hitting $5.46 trillion, TRON emerged as one of the most active USDT platforms, outpacing Ethereum in transaction volume and user engagement...

Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.

Crypto analysts have used several on-chain metrics and indicators to analyze whether or not the Bitcoin top is already in for this bull run. This time, crypto analyst Thomas has alluded to USDT’s dominance to determine Bitcoin’s market top. How USDT’s Dominance Predicts The Top For Bitcoin Thomas cl...

Though Bitcoin prices are fast-dropping, looking at events in the daily chart, one analyst thinks the coin is gearing up for a comeback, citing developments in the USDT dominance chart, or USDT.D. USDT Dominance Falling, Good For BTC? Taking to X on April 29, the analyst said USDT.D recently fell, b...

USDT’s marketcap has been on an upward trajectory this year and recently crossed an important level. However, the reason why its marketcap growth is so noteworthy now is because it surpassed its previous all-time high..