Estimation of appointment of appointment (USDT) in the volatile market

The world of cryptocurrency has recently experienced a wild journey, and prices are fast and unpredictable. Among the various crypto currencies, Bitcoin (BTC), Ethereum (ETH) and others have noticed significant fluctuations of prices, which is important for assessing their performance during high volatility.

One crypto currency that, among other things, points out is limited (USDT). As one of the most common market assets on the market, USDT has gained huge monitoring, and more than 70% of all Bitcoin Holdings is USDT. In this article, we will evaluate the performance of the connection (USDT) during high volatility.

Background and Market History

Tether Limited is a Bitfinex, a Crypto -wave trading platform in Singapore, a branch. The company was founded in 2014 as a care project aimed at providing reliable value for Bitcoin. The USDT was launched in September 2014, initially attracted to US dollar value.

Since its inception, USDT has suffered significant growth, becoming one of the largest currency crypto after market capitalization. It is widely used as a replacement of Fiat currency and is traded on many internet stock exchanges around the world.

Efficiency in unstable markets

In periods of high volatility, such as market recession or speculative fervor, tension (USDT) is usually less unstable than bitcoin (BTC). This can be attributed to several factors:

1
Stability : USDT attracts the US dollar, making it more stable assets compared to the crypto currency that FIAT currency is not supported.

• Liquidity : Attraction liquidity is much higher than that in other crypto currencies, which facilitates trade and reduction in the market fluctuation.

3
Market Demand : The popularity of tendon and investor attractions can have a complacent effect because more participants are trying to buy and sell USDT in an attempt to use the price.

Performance Analysis

We have analyzed his historical information in the last 12 months to evaluate the activity of binding during high volatility. Here are some key statistics:

* Price range : USDT price range remained relatively stable, and on December 21, 2020. High with $ 7.45, and the lowest $ 4,44 USD 2021, January 10, 2021.

* Index Index (Vix) : VIX, widely used in market volatility, reached the highest level in February 2021. With an index value of 80. This corresponds to the USDT price increase.

* Market Capitalization : Market Capitalization Tethe increased last year with $ 30 billion 2020 to more than $ 150 billion on day 10. January 2021. 31. December 2021.

Comparison with other crypto currency

We compared it to other crypts of currencies to attract Tether to attract significant prices instability:

* Bitcoin (BTC) : Bitcoin experienced more extreme fluctuations in prices during high volatility and in November 2019 reached $ 69,000 and low, reaching $ 3200 on January 10, 2021.

* Ethereum (eth) : The price range of the Ethereum was relatively stable compared to binding, but in the last year it has experienced significant fluctuations.

Conclusion

In conclusion, the attraction (USDT) has proven stability and resistance during high volatility. Although her work may not be as impressive as some other crypto currency, his strong market capitalization and liquidity made him a popular choice for merchants and investors who want to benefit from price movement.

However, as with any crypto currency, attraction is exposed to the risk of fluctuation in the market, guessing and regulatory changes that can affect its value.

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