Has everyone heard a showdown around USDT? At the moment, Binance is buying bitcoin for tether to secure its funds. Have you seen how the amount of USDT decreases on Binance? How to see the volume of tether on the exchanges answer below?
I guess you need to research more. Binance has nothing to do with Tether whatsoever. No one cares about Tether though, what causes the price to grow is that there is more demand, simply as that. And there's a lot of good news like this,
Fidelity Could Ignite the Next Bitcoin Rally.
Right, that Fidelity news could have spark something in the last 24 hours or so. But it will take weeks before they can finalised though. Anyways, speaking of Binance, they've confirmed that a hacked occurred. So far we haven't seen the effects because the price is still above $5800. But as far as the OP's questions. Binance and Tether doesn't go along, lol.