🇮🇳 India’s USDT Premium Surges Above 8.5%
USDT is trading around ₹102.88 in India well above the official USD/INR rate.
What it means 👇
📈 Bullish
• Strong demand for USDT
• Continued crypto interest in India
• Buying pressure remains high
📉 Bearish
• Supply shortage in local markets
• Lower USDT inflows
• Regulatory pressure hurting liquidity
⚠️ This doesn’t mean USDT gained value, it reflects local demand significantly exceeding supply.
$USDT $MSFTB #IndiaCrypto #KoreanWonWeakestSince2009 #CircleRemovedFromRussellGrowthIndexes
USDT is trading around ₹102.88 in India well above the official USD/INR rate.
What it means 👇
📈 Bullish
• Strong demand for USDT
• Continued crypto interest in India
• Buying pressure remains high
📉 Bearish
• Supply shortage in local markets
• Lower USDT inflows
• Regulatory pressure hurting liquidity
⚠️ This doesn’t mean USDT gained value, it reflects local demand significantly exceeding supply.
$USDT $MSFTB #IndiaCrypto #KoreanWonWeakestSince2009 #CircleRemovedFromRussellGrowthIndexes