According to the data from CoinMarketCap.com, bitcoin price suddenly skyrocketed by almost 10% to $6900. The reason for such considerable growth is a sell-off of the dollar-linked tether digital coin.
At the same time, the price of tether dropped as low as 0,91 making cryptocurrency the only asset that is down for today.
Tether is always used by traders on different cryptocurrency exchanges to buy other cryptocurrencies and as a measure to fix profits.
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