Tether Buys 8,888 Bitcoin in Epic Buy-the-Dip Strategy

The drawdown in the price of Bitcoin at the start of this week comes off as a major buying opportunity for USDT issuer Tether Holdings Ltd. According to an on-chain data update from HODL15Capital, the stablecoin giant has purchased another 8,888 BTC BTC - $83055.021 in an epic buy-the-dip strategy.

Source: u.today

Related symbols: BTCUSD

2025-04-01 08:43:02 GMT.

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Price & Market Data

Price: $83055.021

Volume 24h: $43,929,060,193.98

Market Cap: $1,648,357,950,917.53

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,846,578. The last known price of Bitcoin is 83,162.94576799 USD and is up 1.55 over the last 24 hours. It is currently trading on 12006 active market(s) with $43,228,156,653.08 traded over the last 24 hours. More information can be found at https://bitcoin.org/.