USDT's Circulating Supply Jumps: Is (BTC) Set for Another Rally

According to Simona_APC, a CryptoQuant author, Bitcoin's (#BTC) price could be positively affected by the rise in USDT's circulation supply. To back up her point, the on- chain analyst referred to historical data.

Simona used an example in 2022, citing how USDT's supply has increased by 30 billion since 2022. She also noted that each increase was followed by a notable BTC pump.