Quick Update: Tether is showing a lot of weakness

in #bitcoin6 years ago

Woke up, thinking for a second that my BTC had gone up, but in reality it seems to be tether (which 20% of the crypto-volume is being traded on) that is going down.
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Currently one tether seems to be valued at ~ 0.93 usd but there is a lot of variance from one exchange to another: https://www.coingecko.com/en/coins/tether/trading_exchanges#panel

Hopefully, this was just a hiccup, but if tether continues like this. we may see new yearly lows on many coins. I have sold a small bit of my BTC to rebuy in case of price drops but mainly I am just sitting on the side lines, holding my breath.

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