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Coin Edition 2024-10-26 15:00:00

Tether FUD Returns? Bitcoin Price Dips, Then Recovers

Bitcoin experienced significant volatility in the closing hours of Friday’s trading session, dropping nearly 5% in a few hours, after news broke about a U.S. government investigation into Tether, the company behind the stablecoin USDT. Tether’s CEO Paolo Ardoino has since denied the report, claiming there is no such government action targeted at his firm. The post Tether FUD Returns? Bitcoin Price Dips, Then Recovers appeared first on Coin Edition .

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