Tether granted 250,000,000 USDT -> pump

[Prodigye]

BTC has jumped up 6.54% as of speaking due to tether minting 250,000,000 new USDT, this means that there is more circulating in the money and volume has increased. Obviously in the short term the price has increased, but how long do you think this trend will last?

[seo-maestro]

I think $250M is the money of smart investors and they want to buy the dip but it's not the dip now so i'm waiting $5000 for 1 BTC in few days. $5000 is the best entry point for smart investors.

[xenomorphe1]

Or it is to let people sell the coins for Tether. Tether is going to be in the top 5 coins?

[Vit83]

They can go short for all this depo) IMHO this can mean anything you want to imagine) Market is too big to change this bear market with just 250 kk of usd.  

[B.A.S.]

$ 250 million is not much. There will not be a big rise. Nevertheless, the beginning of the bull market has become this way too.