How will USDT’s growth impact Bitcoin [BTC]? According to this data …

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Tether, the parent firm of USDT, has invested a significant percentage of its income on Bitcoin, but miners remain sceptical. Tether has $1.5 billion in BTC reserves and acquired 52,670 BTC in the first quarter alone. If Tether continues to dominate the stablecoin market, the price of Bitcoin could rise. However, Andrew Kang, CEO of Mechanism Capital, remarked that if Tether continues to acquire BTC with their profits, it may weaken the selling pressure on BTC caused by the US government’s holdings. HODLers maintain their composure, but Bitcoin miners do not. If miners continue to behave in this manner, Bitcoin will suffer.

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How will USDT’s growth impact Bitcoin [BTC]? According to this data …

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Name	Price	24H (%)
Bitcoin(BTC)	$58,323.25	-4.38%
Ethereum(ETH)	$2,620.55	-4.01%
Tether USDt(USDT)	$1.00	-0.02%
BNB(BNB)	$520.40	-1.26%
Solana(SOL)	$143.33	-1.82%
XRP(XRP)	$0.57	-1.86%
Dogecoin(DOGE)	$0.103409	-2.26%
Cardano(ADA)	$0.338334	-0.33%
TRON(TRX)	$0.132066	1.06%
Shiba Inu(SHIB)	$0.000014	-1.30%
Polkadot(DOT)	$4.41	-2.38%
Chainlink(LINK)	$10.41	-1.96%
Litecoin(LTC)	$64.74	1.56%
Polygon(MATIC)	$0.416027	-1.10%
Monero(XMR)	$150.22	-0.17%
OKB(OKB)	$36.32	-2.31%
ApeCoin(APE)	$0.60	-0.59%