This is interesting. #Tether FUD has largely vanished as ETFs appear to have given bitcoin and crypto mainstream credibility. But as @jp_koning points out this would be devastating for the whole crypto ecosystem. https://t.co/PF9TnBTJLH
Tether FUD happened #Bitcoin dropped $2,000 Bitcoin ETFs bought $400M And some people still can't believe $BTC will make a new ATH👀 https://t.co/OjZCl27I4V
Pretty soon the "Tether crackdown" FUD will become like the "China bans crypto" FUD of the previous cycle. It will have zero impact because it's always BS. My two sats.

Recent discussions within the cryptocurrency community have centered around the recurring phenomenon known as 'Tether FUD' (fear, uncertainty, and doubt). Analysts note that Tether-related concerns have resurfaced, leading to significant market volatility. Bitcoin experienced a notable decline of $2,000, while Bitcoin ETFs reportedly purchased $400 million during this period. Observers suggest that the impact of Tether FUD may diminish over time, drawing parallels to previous cycles where similar fears, such as 'China bans crypto,' had little lasting effect. Despite the current bearish sentiment, some market participants anticipate a potential rebound, citing historical patterns of recovery following such downturns. The ongoing situation highlights the complex interplay between market sentiment and external news narratives in the cryptocurrency landscape.
