USDT dominance, which measures the percentage of Tether's (USDT) market capitalization to the total crypto market capitalization, has decreased this week. According to the latest analysis, USDT dominance has decreased from around 4.60% to the 4.28% area. This decline suggests that investors may be shifting their funds from USDT to other crypto assets, reflecting an increased interest in riskier assets.
Changes in USDT dominance can provide insight into overall market sentiment. A decrease in USDT dominance is often associated with a shift in funds to other cryptocurrencies, which could indicate increased interest in riskier assets.