Both Bitcoin and Ethereum have risen a bit, but USDT has fallen!!!
Maybe many people don’t understand the logic, let me explain it to you
USDT fell because! The Fed cut interest rates! After the interest rate cut, RMB continued to strengthen! And the purchasing power of USDT has also declined! When the prices of commodities such as crude oil and gold rise, they are often accompanied by currency depreciation.
This is because rising commodity prices may trigger inflation, causing the central bank to adopt a tight monetary policy, which in turn affects the exchange rate. In addition, when investors seek safe-haven assets, they often turn to the commodity market rather than the currency market, further affecting the US dollar exchange rate.
