Tether Used to Manipulate Price of Bitcoin During 2017 Peak: New Study
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Many crypto followers have questioned Tether. Some even say if you want USD, buy USD. Yes fiat. Gasp! Just too hard to tell if Tether really has any assets behind their coin.
Nobody knows this answer if the asset is backed by the equivalent in US dollars.
No economy is free from manipulation, and it's not about the system it's about the minds which run system and these minds are available in Crypto too and they will going to release the fluid of manipulation. 🙂
The Bitcoin market is manipulated at the moment, unfortunately!
Good vs bad phase will be there until this planet is there. 🙂