If you trade crypto, keeping an eye on $USDT
Dominance is a must. When traders move their cash into stablecoins to play it safe, USDT dominance goes up, and crypto prices take a hit. Right now, 8.7% is the key level. As long as we stay under that line, Bitcoin has a solid shot at rallying. But if we cross back above 8.7%, we’ll likely see another drop.
#CryptoMarket #USDT. #BTC #tradingtips
Dominance is a must. When traders move their cash into stablecoins to play it safe, USDT dominance goes up, and crypto prices take a hit. Right now, 8.7% is the key level. As long as we stay under that line, Bitcoin has a solid shot at rallying. But if we cross back above 8.7%, we’ll likely see another drop.
#CryptoMarket #USDT. #BTC #tradingtips