Bitcoinist
2019-08-07 06:49:41

Tether Behind Bitcoin’s $4000 to $13,800 Bull Rally: Analyst

A crypto Twitter analyst believes that Tether’s USDT issuances are the real catalyst of the Bitcoin price bull move from $4,000 to $13,800. Bitcoin is not “Sound Money” Earlier this week twitter personality Andrew Rennhack suggested that Bitcoin’s explosive rally from $4,000 to $13,800 was primarily fuelled by Tether printing a vast amount of USDT. According to Rennhack, Bitcoin is not “sound money” as “the entire cryptocurrency market is backed by unaudited Tether which hasRead MoreThe post Tether Behind Bitcoin’s $4000 to $13,800 Bull Rally: Analyst appeared first on Bitcoinist.com.

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