Based on Coindesk, Tether’s market dominance has reached its highest level since April 2025, reflecting increased risk aversion in the crypto market. The stablecoin, with a market cap of $184 billion, is being used more frequently as a store of value amid Bitcoin’s 11% monthly decline to $97,630. Historically, bear markets have seen a rise in Tether dominance as traders seek to preserve capital.
Tether Market Dominance Hits Highest Since April Amid BTC Downtrend
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