Tether Loses $1 Peg, Bitcoin Briefly Drops to 2020 Levels Near $24K Before Rebounding

Name: Tether Loses $1 Peg, Bitcoin Briefly Drops to 2020 Levels Near $24K Before Rebounding
Uploaded: 2022-05-12T19:05:31Z
Duration: 7 min 456 s
Description: The tether (USDT) stablecoin dropped to as low as 94 cents Thursday before recovering to just above 99 cents, briefly losing its parity with the U.S. dollar.

May 12, 2022

The tether (USDT) stablecoin dropped to as low as 94 cents Thursday before recovering to just above 99 cents, briefly losing its parity with the U.S. dollar.

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