Tether USDT
Current Price
$0.9991 -0.01%
$0.0002 Daily Range (0.02%)
$0.9991$0.9993
$46.53B Daily Volume
690,919 BTC
Vol/MktCap: 25.28%
Market Performance
155.17% Relative BTC Volume
The total volume of Tether is $46.53B over the past 24 hours, compared to $29.98B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.00% 1 Hour Change
$0.9991 from $0.9991
-0.06% 7 Day Change
-$0.0006 from $0.9997
-0.09% 14 Day Change
-$0.0009 from $1.0000
-0.09% 30 Day Change
-$0.0009 from $1.0000
All Time High
July 24, 2018
$1.32 -24.49%
-$0.3232 vs. now
24H Change
-23.71M USD -0.01%
-352 BTC
Volume and Supply
Total Supply: 189.68B USDT 
184.22B USDT AvailableRelative Supply Ratio
9,479.91 x BTC SupplyRelative Trade Volume
46.56B USDT
traded over past 24 hours
Conversion Tool
Tether AI Market Analysis
The trading volume stands at approximately $41.13 billion, contributing to a Vol/Market Cap ratio of 22.34%. This high volume supports liquidity but suggests limited price movement potential in the current market conditions.
Technical indicators reveal that all hourly moving averages are closely aligned around $0.9992, with only minor fluctuations observed. The 1-hour RSI at 43 and the 7-day RSI at 46 indicate a neutral momentum, suggesting that USDT is neither overbought nor oversold at this time.
Over the past week, USDT has experienced a price decline of approximately 0.057%, while the 14-day and 30-day changes are more significant at -0.088% and -0.081%, respectively. These downward trends may reflect market sentiment and fluctuations in demand for stablecoins amid broader market dynamics.
Given the lack of significant price movement and the stability that Tether represents, it is important to consider its role as a stablecoin amidst ongoing market volatility. While it doesn't present typical trading opportunities, Tether is positioned well for those seeking to maintain value without exposure to market fluctuations.
Overall, the analysis indicates that Tether (USDT) is functioning as intended, holding its peg closely to $1. Therefore, the recommendation is to Hold, as it serves as a reliable asset for stability, especially in uncertain market conditions.
Updated 292 minutes ago.
Tether Relative Price at Market Cap of:
Tether TradingView Chart
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