Bitcoin Price Prediction as Tether Fear Uncertainty and Doubt Sends BTC to $22,000 Level – Where is BTC Heading Now?
The price of Bitcoin has been highly volatile in recent days due to the uncertainty surrounding Tether, the world's largest stablecoin.
Tether has been facing legal issues, which have led to fear, uncertainty, and doubt in the cryptocurrency market, causing BTC to drop to the $22,000 level.
As a result, the value of cryptocurrencies, including Bitcoin, fell sharply and has been showing mixed signals. It is worth noting that the Silvergate event has had a significant impact on the value of cryptocurrencies.
Bitcoin is currently priced at $22,357 with a 24-hour trading volume of $18.5 billion, showing a 0.25% drop in the last 24 hours. Similarly, Ethereum is trading at $1,570 with a 24-hour trading volume of $6.7 billion and has dropped by 0.15% in the last 24 hours.