Bitcoin (BTC) crashed on Thursday, losing the $10,000 tier, and stopping the fall at around $9,500. The loss came as a dramatic 30-minute flash crash, wiping out more than $600.
Tether (USDT) Remains Near Peak Activity |
The share of Tether (USDT) expanded from around 65% to above 75% as the sell-off meant the stablecoin became a safe haven. USDT activity is near its peak, signifying the importance of the asset for prices across the board. The BTC market cap dominance is at 69.1% as altcoins were shaken down deeper by the recent sell-off.
Ethereum (ETH) Network Still Overloaded, Token Scam Detected |