##Tether Doesn’t Inflate Bitcoin Price, New Research Says – Cryptocurrency Trading: Free Crypto Signals App –
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Stablecoins issuance is not artificially inflating the prices in the cryptocurrency market, despite some controversial beliefs, suggested new research on the matter.
At the same time, the paper acknowledged their vital role in the digital asset field and predicted that it’s only prone to grow in time.
By evaluating this “more precise measure of Tether inflow to the secondary market,” the total supply, and the shock effects on Bitcoin’s price, the authors found “no systematic evidence that stablecoins issuance affects cryptocurrency prices.”
Safe-Haven Role
By referring to the events in mid-March when the cryptocurrency market plunged by up to 50% in 24 hours, the research said that “stablecoins consistently perform a safe-haven role in the digital economy.” As they are especially attractive to traders in times of intense volatility, the market capitalization of most stabl
https://play.google.com/store/apps/details?id=com.freecryptosignals.app
Visit – https://t.me/cryptosignalalert
For more latest news update on Cryptocurrency,Free Crypto signals on Telegram,crypto mobile app & Bitcoin Binance automated trading BOT visit above given Telegram channel
Stablecoins issuance is not artificially inflating the prices in the cryptocurrency market, despite some controversial beliefs, suggested new research on the matter.
At the same time, the paper acknowledged their vital role in the digital asset field and predicted that it’s only prone to grow in time.
By evaluating this “more precise measure of Tether inflow to the secondary market,” the total supply, and the shock effects on Bitcoin’s price, the authors found “no systematic evidence that stablecoins issuance affects cryptocurrency prices.”
Safe-Haven Role
By referring to the events in mid-March when the cryptocurrency market plunged by up to 50% in 24 hours, the research said that “stablecoins consistently perform a safe-haven role in the digital economy.” As they are especially attractive to traders in times of intense volatility, the market capitalization of most stabl
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