Doing better than the market
The total crypto market is −2.3% in 24 hours. USDT is −0.0%, 2.3% better than the market, so part of the move is specific to Tether.
Why is the crypto market moving? →
why / usdt
Is Tether up or down today?
Tether (USDT) is roughly flat today at −0.0% over 24 hours. That is 2.3% better than the whole crypto market (−2.3%), so part of the move is specific to Tether. It is in the news: “Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion”.
USDT 24h−0.00%
Whole market 24h−2.31%
Bitcoin 24h−2.43%
Link to BTC (30d)-0.26
Volume vs normal—
signals
What is moving Tether
Strongest signals first.
Very active trading
USDT traded 54% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.
2 stories about Tether today
Recent headlines: “Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion” and “Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?”. Read them below.
Moving on its own, not with Bitcoin
Over the last 30 days, USDT's daily moves had a -0.26 correlation with Bitcoin (1 means identical direction). That is low: USDT has mostly moved on its own lately, while Bitcoin is −2.4% today.
Bitcoin price →Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of USDT positions right now, on the chart, in the Blockdeck app.
See VIP layers →news
Tether news today
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Keep exploring Tether
faq
Questions
Is Tether up or down today?
Tether (USDT) is roughly flat today at −0.0% over 24 hours. That is 2.3% better than the whole crypto market (−2.3%), so part of the move is specific to Tether. It is in the news: “Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion”.
Will Tether go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: USDT is +0.00% over 7 days and −0.07% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, USDT's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.