#USDT.D
Tether Dominance Index serves as an indicator of the overall market sentiment, suggesting whether the market is
bearish or
bullish When Tether Dominance is
bearish, people tend to use their USDT to
buy cryptocurrencies, resulting in market growth
The peak of Tether Dominance in June 2022 coincided with the
bottom of the
bear market for Bitcoin
Tether Dominance is currently
declining, with the index trading below important moving averages, which may signal
bullish momentum for Bitcoin and Altcoins
