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RE: USDT (Tether) FUD Leads to Another Crypto Bloodbath
I feel like this is more than just a bump in the road, I could be wrong - but come on - this is the perfect storm - major uncertainty, a very headline-able Crypto falling apart (Tether? How many puns will CNN be able to make out that) and the possibility of another major ding in the public eye about the nature of Crypto. And if the worst case people are true - bear market.
The market will recover in time, but in the short term - I'm skeptical.
Agree with you mate, it is a perfect storm. First futures, then exchange hacks then Tether. Perfect storm or a lot of coincidence? Either way we are in a bear market since early this month. Doesn't mean you can't buy of course. I like to buy when the prices are low. Thanks for commenting by the way.