Tether's USDT has reached a record market capitalization of 120 billion dollars. This milestone may signal the end of the seven-month bearish trend for Bitcoin and Ether.
The increase in USDT's market cap could have a ripple effect on these major cryptocurrencies, potentially reversing their downward trajectory and marking the beginning of a positive 'Uptober' in the crypto space.
This development is seen as a significant boost for the cryptocurrency market, offering renewed optimism among investors.
Source : fr.cointelegraph.com ↗
