Digital Currency Market Stabilizes as Tether Regains, Real BTC Price at $6,549
On Crypto-only and Tether-integrated exchanges such as Bitfinex, OKEx and Huobi, the BTC price surpassed $7,700, as the value of Tether (USDT), which had been pegged to that of the US dollar at a ratio of 1:1, dropped considerably by over 7%.
The 7% fall in the price of USDT from $1 to $0.93 led the BTC premium on Crypto-only exchange platforms to increase by a similar margin, swelling the value of Bitcoin.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/digital-currency-market-stabilizes/