USDT continues to decline, with most merchants quoting 6.93. Currently, the offshore RMB to USD rate is 7.07, indicating a severe depegging. At the end of the year, there are more people cashing out, resulting in an imbalance between supply and demand, and USDT's trust rating is also falling #十二月行情展望
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
3 Likes
Reward
3
11
Repost
Share
Comment
0/400
ACHMAD0226
· 12-05 17:04
akjsbsnsbxksbds
kansbsbsbsjidfhudoajss
kansndndna
Reply1
SurgingWavesL
· 12-05 16:43
The Bank of China cracks down on virtual currencies and has started making arrests.
Work hard to achieve financial freedom. Keep going, believe in yourself.
View OriginalReply1
Dragon168
· 12-05 00:04
USDT is the main trading medium in the crypto market. A sharp drop in its price can trigger sell-offs of major cryptocurrencies such as Bitcoin and Ethereum, leading to a decrease in the overall market capitalization. Highly leveraged traders may face forced liquidations due to falling asset prices, further amplifying the market decline.
View OriginalReply1
S_A_N
· 12-04 21:42
Thanks for the information
Reply1
YangSisi
· 12-04 18:38
Will the price go back in this situation?
View OriginalReply0
View More
Dragon168
· 12-04 17:43
In the past, whenever Dragon Country introduced a new policy, Wall Street would pump the market for a while, then start selling off, leading to a sharp decline.
USDT continues to decline, with most merchants quoting 6.93. Currently, the offshore RMB to USD rate is 7.07, indicating a severe depegging. At the end of the year, there are more people cashing out, resulting in an imbalance between supply and demand, and USDT's trust rating is also falling #十二月行情展望