CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2024-07-29 11:14:31

Crypto Analyst Finds Link Between USDT on TRON and Bitcoin Price

Data analyst Joao Wedson has identified a correlation between the USDT transaction volume on the TRON network and Bitcoin prices. In a post on Cryptoquant, Wedson explained how USDT correlates more strongly with BTC than with TRX, the TRON network’s native cryptocurrency. Wedson observed that Binance controls over 60% of all USDT transfers on the The post Crypto Analyst Finds Link Between USDT on TRON and Bitcoin Price appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.