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cryptonews 2023-08-05 07:37:00

Bitcoin Price Prediction As Tether Depegs From $1 – Is BTC in Trouble As Well?

Bitcoin's price is trading choppy above the $29,000 threshold, and has captured the attention of traders and investors. The current live price of Bitcoin stands at $29,040, with a 24-hour trading volume of $11.3 billion. As per the recent data, Bitcoin has experienced a nearly 0.50% decline over the past 24 hours. The market is closely monitoring the situation as Tether, the popular stablecoin, undergoes a depegging event from its $1 value. ... Read More: Bitcoin Price Prediction As Tether Depegs From $1 – Is BTC in Trouble As Well?

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