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Tether Dominance Rises, Hints At Potential Bitcoin Downturn: Report

  • Tether Dominance (USDT.D) has been recently garnering market focus as it may indicate the upcoming bearish trend for Bitcoin.
  • Recent price action of Tether suggests an inverse correlation with Bitcoin, indicating that the recent growth of Bitcoin may be temporary.
  • Tether's rising dominance is seen as a flight to quality by investors, which typically occurs before Bitcoin volatility re-emerges.
  • The increasing market share of Tether in the cryptocurrency market is a warning sign for those exposed to Bitcoin, suggesting potential market direction.

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