Bitcoin (BTC) has stabilized above $9,000, and started an expansion with new forays above $9,400. BTC traded at about $9,414 as of 8:20 UTC, later sinking to $9,404. Prices remain less volatile, adding about 1% in the past day.
This time, price movements are happening on more active trading volumes, above $26 billion in 24 hours. At this trading pace, BTC is supported by more than 75% through the pairing with Tether (USDT). The share of the US dollar has fallen to about 7%, down from above 10% in recent weeks.
The recent BTC rally arrived after growing USDT activity and transfers, with coins reaching Bitfinex, but also Binance and Huobi.