Will Tether’s 400M USDT Burning Lead Bitcoin to Crash?

by bitcoinist 09/17/2019

400 million USDT vanished away yesterday at Tether Treasury, according to Twitter user Whale Alert. Many investors fear that a steep downtrend in Bitcoin price is just around the corner. Should We Expect a Bitcoin Crash? On September 16, the crypto community found out that Tether had burned about $400 million worth of USDT. The amount of burnt coins is considerable since the total supply of USDT is 4.1 billion at the moment, according to



Gainers

Logo Coin Price Change(24 Hour)
Kyber Network
Kyber Network$0.20717

%8.7735

Wanchain
Wanchain$0.27229

%8.02583

Synthetix Network Token
Synthetix Network Token$0.41718

%7.76262

Metaverse ETP
Metaverse ETP$0.77136

%6.16705

Bytecoin
Bytecoin$0.00047

%6.13069

Dent
Dent$0.00045

%5.22359

Quant
Quant$5.40195

%5.14632

Crypto.com Coin
Crypto.com Coin$0.03994

%5.01906


Updated: 09/23/2019

Losers

Logo Coin Price Change(24 Hour)
Ren
Ren$0.04070

%-10.9936

Algorand
Algorand$0.31534

%-10.2403

Loopring
Loopring$0.03315

%-6.25913

Maker
Maker$457.769

%-5.83784

WINk
WINk$0.00022

%-5.8277

Fantom
Fantom$0.01521

%-5.39702

THETA
THETA$0.11079

%-5.34021

Steem
Steem$0.15316

%-4.94879


Updated: 09/23/2019

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