Just now, 1 billion USDT was rapidly issued! The market may welcome a key trigger point.
1. Tether issued 1 billion USDT on the Tron chain half an hour ago, but that doesn't mean it will immediately drive the market up.
The issuance of USDT and the market's initiation have never been a simple 'causal relationship'; it fundamentally depends on whether market sentiment is ignited.
If the US stock market opens strong tonight and risk appetite increases, this liquidity is very likely to enter the market immediately to drive the market upwards;
If the US stock market performs flat, this 1 billion USDT will remain on the sidelines, most likely waiting until the day after tomorrow when Powell speaks to enter the market.
2. The most watched strategy institutions have just updated their Bitcoin buying details, and they actually bought quite a bit (see attached image).
Latest data:
Last week, 10,624 BTC were newly purchased, with a total cost of about 962.7 million dollars, and an average purchase price of about 90,615 dollars;
Current strategy companies hold a total of 660,624 BTC;
The total cost is about 49.35 billion dollars, with an average cost of total holdings of about 74,696 dollars.
$BTC $USDT
