Tether Mints $1B USDT as Bitcoin Eyes $88.5K
Key Takeaways
- Tether has issued 1 billion new USDT – a sign of increasing demand for Bitcoin.
- Bitcoin is showing bullish signals and could reach the US$88,500 mark in the short term.
- Major market players like Tether and BlackRock bought BTC during the recent price dip.
- Bitcoin trading volume has increased by 45% within 24 hours.
- Traders are betting over US$1 billion on rising prices.
USDT Minting Indicates Growing Interest
Tether, the issuer of the stablecoin USDT (Tether USD), recently minted 1 billion new USDT tokens. This move is often seen as a signal for upcoming market activity. In the past, such issuances have frequently coincided with increased demand for cryptocurrencies like Bitcoin (BTC).
The issuance of large amounts of USDT may suggest that institutional investors or crypto exchanges are providing liquidity to buy cryptocurrencies – especially during price declines. This development aligns with a technical breakout in Bitcoin.
Technical Analysis: BTC with Bullish Breakout
Bitcoin has broken out of an “inverse head and shoulders” pattern – a classic bullish chart formation. If the price closes above US$84,000, technical analysis suggests a potential rise to around US$88,500. That would represent a possible price increase of approximately 5.5%.
Currently, BTC is testing resistance at the 200-day EMA (Exponential Moving Average). A breakout above this moving average could add additional upward pressure.
Major Market Players Are Buying the Dip
Not only traders, but also institutional investors have taken advantage of the recent price decline. Tether itself purchased approximately 8,888 BTC worth around US$735 million in Q1 2025 – during a price drop of more than 18%.
In addition to Tether, major companies like MicroStrategy (MSTR) and BlackRock have also increased their BTC holdings. These purchases indicate that large market participants see the current price as attractive.
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Rising Trading Volume and Long Positions
Bitcoin trading volume has surged by 45% within 24 hours. According to on-chain data from Coinglass, long positions worth US$989 million were opened during this period. At the same time, short positions amounted to around US$287 million.
These figures show that traders are predominantly betting on rising prices. However, the positions are highly leveraged – which can lead to liquidations during rapid price movements. Key price levels to watch are US$81,800 and US$84,355.
Our Assessment
The combination of technical strength, institutional buying, and increased liquidity from new USDT points to a short-term bullish phase for Bitcoin. Whether the price actually reaches US$88,500 will depend heavily on market sentiment and macroeconomic factors.
If you’re considering investing in Bitcoin, now is a good time to closely monitor the market. Keep an eye on the behaviour of major market players and key technical levels. The current situation shows: interest in BTC is back – but act with caution and strategy.
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | $83,510.00 |
| 24h % | -1.37 % |
| 7d % | -4.54 % |
| 30d % | -0.04 % |
| 60d % | -17.45 % |
| 1y % | 26.79 % |
| Market Cap | $1,657,962,185,161.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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