I've been noticing that the price of USDT has been unusually high recently. I'm wondering what factors could be driving its value up. Is it demand,
market manipulation, or some other economic factors?
7
answers
Valeria
Sat Mar 01 2025
When the overall
crypto market experiences a surge, the demand for stablecoins such as tether tends to be low.
Maria
Sat Mar 01 2025
Conversely, when the market is experiencing a downturn, the demand for stablecoins increases.
Carolina
Sat Mar 01 2025
Price swings in tokens are a common occurrence.
SumoMight
Sat Mar 01 2025
This fluctuation in demand has a direct impact on the value of USDT.
Daniele
Sat Mar 01 2025
The price of USDT in India is influenced by various factors.