Tether USDT
Current Price
$0.9999 -0.00%
$0.0002 Daily Range (0.02%)
$0.9997$0.9999
$65.57B Daily Volume
816,139 BTC
Vol/MktCap: 34.57%
Market Performance
185.96% Relative BTC Volume
The total volume of Tether is $65.57B over the past 24 hours, compared to $35.26B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9998 +0.00%
13 SMA $0.9998 +0.01%
21 SMA $0.9998 +0.00%
55 SMA $0.9999 +0.00%
144 SMA $0.9998 +0.00%
Price Performance
-0.00% 1 Hour Change
$0.9999 from $0.9999
+0.01% 7 Day Change
$0.00008535 from $0.9998
-0.03% 14 Day Change
-$0.0003 from $1.00
-0.01% 30 Day Change
-$0.0001 from $1.0000
All Time High
July 24, 2018
$1.32 -24.43%
-$0.3225 vs. now
24H Change
62.21M USD +0.03%
774 BTC
Volume and Supply
Total Supply: 195.18B USDT 
189.72B USDT Available97.20% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
9,746.16 x BTC Supply9,746:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
65.58B USDT
traded over past 24 hours
34.57% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Tether AI Market Analysis
Tether (USDT) is currently trading at $0.999767, showing a marginal decline of -0.00872% over the last 24 hours. The price has fluctuated within a narrow range, hitting a high of $0.999929 and a low of $0.999691, indicating minimal volatility as is typical for a stablecoin.
The trading volume stands at approximately $66.78 billion, reflecting a volume-to-market cap ratio of 35.21%, which is relatively high and suggests significant market participation. Hourly moving averages (SMA) are stable around $0.9998 to $0.9999, with a consistent negative bias of around -0.01%, indicating a slight bearish trend in the very short term.
The 1-hour RSI is at 43, suggesting that USDT is nearing oversold conditions, while the 7-day RSI at 49 indicates neutrality with no strong momentum in either direction. Over the past week, USDT has experienced a minor decline of -0.00288%, but a more significant drop of -0.0383% over the last 14 days highlights a trend of weakening demand.
Despite the recent price changes, Tether’s primary function as a stablecoin is to maintain its peg to the US dollar, which it is doing effectively. Historical context shows the all-time high for USDT was $1.32 in July 2018, but current performance metrics are closely aligned with its intended stability around the dollar.
Given the recent trends of low volatility, minimal changes in price, and neutral RSI indicators, USDT continues to fulfill its role as a stablecoin. Therefore, the recommendation is to Hold USDT as it maintains its peg, but investors should remain cautious of any external factors that could impact broader market sentiment.
The trading volume stands at approximately $66.78 billion, reflecting a volume-to-market cap ratio of 35.21%, which is relatively high and suggests significant market participation. Hourly moving averages (SMA) are stable around $0.9998 to $0.9999, with a consistent negative bias of around -0.01%, indicating a slight bearish trend in the very short term.
The 1-hour RSI is at 43, suggesting that USDT is nearing oversold conditions, while the 7-day RSI at 49 indicates neutrality with no strong momentum in either direction. Over the past week, USDT has experienced a minor decline of -0.00288%, but a more significant drop of -0.0383% over the last 14 days highlights a trend of weakening demand.
Despite the recent price changes, Tether’s primary function as a stablecoin is to maintain its peg to the US dollar, which it is doing effectively. Historical context shows the all-time high for USDT was $1.32 in July 2018, but current performance metrics are closely aligned with its intended stability around the dollar.
Given the recent trends of low volatility, minimal changes in price, and neutral RSI indicators, USDT continues to fulfill its role as a stablecoin. Therefore, the recommendation is to Hold USDT as it maintains its peg, but investors should remain cautious of any external factors that could impact broader market sentiment.
Updated 169 minutes ago.
Tether Relative Price at Market Cap of:
Tether TradingView Chart
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