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The cryptocurrency market is experiencing a new bullish momentum after a period of stagnation. Last week, Bitcoin showed resilience and hovered around $58,000 with minimal volatility.
However, the major cryptocurrency has seen explosive growth recently, hitting a daily high of $61,400 on Tuesday, up 6.1% from its day low of $57,864.
Tether's latest $1B liquidity boosts Bitcoin rally
This bullish market sentiment comes after Tether Treasury minted $1 billion worth of USDT stablecoins on Tuesday. This significant injection of stablecoins suggests that new liquidity is pouring into the market.
This development caught the attention of the crypto community, with many commentators humorously stating that “the printer has arrived.” Analysts likened Tether to the Federal Reserve of the crypto world, noting that whenever more USDT is minted, the market tends to react with bullish price action.
The last $1 billion USDT mint occurred on August 13, when Bitcoin briefly recovered to $61,000 before experiencing a decline. Last year, Tether issued over $33 billion worth of the stablecoin, with the Tron network receiving the lion’s share of $19 billion USDT.
DigiHorse (DIGI) Attracts High-End Investors
Amid this bullish trend, DigiHorse (DIGI) has emerged as a prominent contender in the crypto space. The DigiHorse presale is attracting the attention of high-value investors, attracted by the platform’s innovative AI-based NFTs that evolve and adapt over time.
These digital racehorses, which are at the core of the DigiHorse ecosystem, allow users to purchase, breed, and race unique NFT horses while earning real-world rewards through the platform’s play-to-earn model.
The ongoing pre-sale has been particularly successful, with 450 million DIGI tokens sold in Phase 1 at a favorable price starting at $0.003333, with the price expected to rise to $0.075 upon listing.
DigiHorse continues to build momentum and is ready to launch on multiple centralized and decentralized exchanges, including at least two top platforms. This, along with partnerships with major gambling companies, positions DigiHorse as a market disruptor in the rapidly growing NFT and gaming sector.
With the entire market benefiting from Tether’s recent liquidity injection, DigiHorse is poised to move ahead and solidify its position as a leading player in the cryptocurrency ecosystem.
For more information and to participate in the pre-sale, please visit the official link:
Twitter: https://x.com/DHorseEmpires
Telegram: https://t.me/DigiHorseEmpiresOfficial
Website: https://digihorseempires.io
Pre-sale: Sign up now
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.
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