Tether (USDT) is catching up to Ethereum (ETH) in market cap 💸. Here's the situation:
$ETH - ETH's market cap is shrinking as its price drops near $1,500
- Tether's market cap is growing steadily due to its use in trading and capital preservation
- If trends continue, Tether might overtake Ethereum soon
- For Tether to surpass Bitcoin, BTC would need to drop to around $10,000 (possible long-term if stablecoin adoption grows)
Stablecoins like Tether are rising steadily in crypto markets 📈.
BTC
65,926.91
-2.38%
ETH
1,928.56
-1.01%