Next scheduled rescrape ... never
Version 2
Last scraped
Edited on 22/07/2025, 07:25:00 UTC
Remember that when Tether collapses, the price of Bitcoin will plummet to 5k USD or less.
This comment seems a bit like ... 2018ish (I don't exactly remember when the Tether fud started). On which metrics do you base that statement?
...

If an $18B stablecoin collapse (UST) caused a 30% BTC drop, a Tether collapse (with ~$160B market cap) should be much more devastating.

Not only it has much bigger market cap but has deeper integration into exchanges and DeFi infrastructure.

At the time, Bitcoin had a market cap of $590B, currently, it is $2.32T - so the percentage (3% vs. 6.9%) of Tether's market cap relative to Bitcoin's market cap is over twice as high.

I anticipate complete chaos when that occurs. Human sacrifice, dogs and cats living together... mass hysteria!
Version 1
Scraped on 15/07/2025, 07:29:57 UTC
Remember that when Tether collapses, the price of Bitcoin will plummet to 5k USD or less.
This comment seems a bit like ... 2018ish (I don't exactly remember when the Tether fud started). On which metrics do you base that statement?
...

If an $18B stablecoin collapse (UST) caused a 30% BTC drop, a Tether collapse (with ~$160B market cap) should be much more devastating.

Not only it has much bigger market cap but has deeper integration into exchanges and DeFi infrastructure.
Original archived Re: Don’t fall into the take profit trap $118.8k isn’t it.
Scraped on 15/07/2025, 07:25:12 UTC
Remember that when Tether collapses, the price of Bitcoin will plummet to 5k USD or less.
This comment seems a bit like ... 2018ish (I don't exactly remember when the Tether fud started). On which metrics do you base that statement?
...

If an $18B stablecoin collapse (UST) caused a 30% BTC drop, a Tether collapse (with ~$160B market cap) should be much more devastating.