Why did BTC suddenly plummet? Let me explain!

According to the Wall Street Journal, the U.S. Treasury Department is considering sanctions against the stablecoin issuer Tether (USDT).

As soon as this news broke, it shot down to 65950, but after more than ten minutes, it was reported to be false news and there was no investigation at all.

Well, this wave of creating something out of nothing seems to be understood by you all!

With Bitcoin being played like this, it's better to wait and see for now, while keeping an eye on some potentially promising altcoins.