Hello guys, it's 
This past few weeks have been so rough for all crypto investors, obviously except those who know how to stop-limit / stop loss by buying tether (usdt).
Bitcoin dropped to its lowest price of the year reaching $5700/btc and this got lots of people thinking that it was doomsday for cryptocurrency.
Today being 25th June, the market gradually began to recover. This recovery has been attributed to the company behind The creation of the cryptocurrency called tether. Tether is currently number 11th coin by market capitalization having its size at $2.71bn, And is pegged to the price of a dollar ($1). Blockchain data reveals that 250,000,000 new tokens were printed today.
This is actually new money coming into cryptocurrency market, and serves as a bullish indicator.
This previous week have been quite rough for the tether company, with the talks of not having enough money in the bank to back their tokens, accusation of the manupulation of bitcoin price and also talks of Auditing. The general public still awaits a report from independent audit of their books.
With these new coins printed, we hope to see better appreciation in coin prices.
