🔍 Tether USDt's recent decrease in market capitalization and trading volume is not a bad sign for the market, according to Matrixport. 📉
- USDT's market capitalization decreased by 2.8% from its peak of $141 billion on December 19, 2024.
- Daily trading volume dropped by 64% from $154 billion to $55 billion on January 6, 2025.
🎄 Matrixport believes this trend is merely due to the holiday season and does not reflect a negative shift in the market.
- A rebound in momentum is expected to return soon.
- An increase in stablecoin trading volume is often a positive sign for the crypto market.
💬 The community criticizes the FUD rumors about Tether and MiCA. Many believe that rumors of USDT being delisted are unfounded.
What do you think about this situation? Share your thoughts! 👇