Part 2/12:
A significant event in recent days was Tether minting $1 billion USDT, a move that typically heralds upward price pressure for Bitcoin. Historically, increases in Tether supply often correlate with Bitcoin price rallies, as Tether acts as a liquidity proxy for traders. This minting aligns with the broader trend of the Federal Reserve monetizing debt by acquiring U.S. Treasuries—supporting the dollar while simultaneously fueling growth in the crypto space.