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Tether and Circle’s $3 billion token minting spree helps stop Bitcoin losing $60k

The crypto market has entered a fragile phase as Bitcoin dropped under the critical $70,000 level and bounced off $60,000, a zone that has increasingly acted as a gravitational pull rather than a launchpad. This subdued price action came as the stablecoin market has surged, with Tether and Circle minting billions of dollars’ worth of […] The post Tether and Circle’s $3 billion token minting spree helps stop Bitcoin losing $60k appeared first on CryptoSlate.

Tether and Circle’s $3 billion token minting spree helps stop Bitcoin losing $60k