"What does the fluctuation of USDT price mean? (What does a drop in USDT signify?)"
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Valda
2023-06-06 11:13
Answer list:：
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Elfin
Release time 2023 06 06
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Erika
A rise or fall in USDT indicates a change in the value of USDT relative to the US dollar. If USDT is experiencing a decline, it means that the value of USDT is decreasing compared to the US dollar. This can have implications for cryptocurrency traders and investors who hold USDT as a stablecoin, as it may affect the value of their overall cryptocurrency portfolio. Additionally, a decrease in the value of USDT may indicate a lack of confidence in the stablecoin's peg to the US dollar, leading investors to seek alternative stablecoin options.
Release time 2023 06 06
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Lindsay
Release time 2023 06 06