Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
According to Matrixport, the trading volume of USDt has decreased by $100 billion since mid-December. However, they believe that it may be too early to assume a bearish trend. This statement comes as the market has seen a decline in USDt trading, with a decrease of $100 billion. Matrixport also notes that this decline may not necessarily indicate a bearish market, and it is important to consider other factors before making any conclusions. The company’s analysis suggests that there may be other factors at play, and it is important to carefully monitor the market before making any investment decisions. Additionally, Matrixport highlights that the market is constantly evolving and it is crucial to stay informed and adapt to changes in order to make informed investment choices.
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