✉news BusinessCrypto first seen 6 h ago, last 4 h ago, peak #19
Bybit users shift holdings to Bitcoin and Ethereum as USDT slides
Original: Bybit users hold more Bitcoin and Ethereum as USDT drops 11%
Bybit users are increasing their Bitcoin and Ethereum holdings while Tether's USDT has dropped 11%, according to a crypto news report. The shift suggests traders may be rotating out of the stablecoin into major cryptocurrencies, a move that is drawing attention amid broader scrutiny of USDT's market stability.
Why now: An 11% drop in USDT is raising concerns about stablecoin stability and prompting visible shifts in trader behaviour.
BybitBitcoinEthereumUSDTTether
Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 4 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/584834