Brazilian companies turned to stablecoins on election day to dodge a currency crash
#USDT#BTC
TLDR — USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%.
Signal data▼ Bearishconfidence 50%Low materiality
AssetUSDTBTCEventsector-trendEvent timeAttention0 readers/hrNormalSmart readers0
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.
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