"This Year's Virtual Asset Exchange, Bitcoin (BTC) and Tether (USDT) Inflow Surge"

Source
JH Kim

Summary

  • "It was reported that the inflow of Bitcoin (BTC) and Tether (USDT) into this year's virtual asset exchanges has increased significantly compared to last year."
  • The BTC inflow to exchanges this year has increased significantly compared to last year, and USDT also saw a sharp increase compared to last year.
  • Experts analyzed that this is due to "increased demand from institutions and individual investors for virtual assets."

On the 3rd (local time), the virtual asset (cryptocurrency) specialized media Cointelegraph reported that "the inflow of Tether (USDT) and Bitcoin (BTC) into this year's virtual asset exchanges has increased significantly compared to last year" using crypto data. According to the data, the BTC inflow to exchanges this year averaged 1.65 BTC, which is a significant increase from 0.36 BTC last year. USDT also saw an average inflow of 230,000 dollars this year, a sharp increase compared to 19,600 dollars last year. Analysts attributed this to "increased demand from institutions and individual investors for virtual assets."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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