Digital Currency Market Stabilizes as Tether Regains, Real BTC Price at $6,549

[Vladar49]

On Crypto-only and Tether-integrated exchanges such as Bitfinex, OKEx and Huobi, the BTC price surpassed $7,700, as the value of Tether (USDT), which had been pegged to that of the US dollar at a ratio of 1:1, dropped considerably by over 7%.
The 7% fall in the price of USDT from $1 to $0.93 led the BTC premium on Crypto-only exchange platforms to increase by a similar margin, swelling the value of Bitcoin.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/digital-currency-m ... tabilizes/

[AndrejWarhola]

Over the past 48 hours, the crypto market has increased by more than $25 billion, from $198 billion to $223 billion. Ripple and Ethereum have maintained momentum at a price range.

Since September 20, the crypto market has initiated a strong corrective rally resulted by extremely oversold conditions. But, as many investors expected, the massive upward momentum of most major cryptocurrencies and small market cap assets have led the market to retrace.