Almost every time our beloved Tether mints some USD backed USDT the price of Bitcoin follows the event with a nice pump. Sometimes it happens that USDT gets teamed up by USDC in such an orchestrated pump and then you can have one up to $8,000 price increase in Bitcoin's price.

Well, the FOMO plays its part as well and the experienced traders that have the charts at hand to time perfectly the swings in price for BTC play their part as well. Recently, it seems that $30,000,000 worth of USDT have been minted in the US Treasury... pardon me, I meant TETHER treasury...but there's not much difference between the two in my opinion. Both printing money out of thin air. One learning from the other and doing that good.

Mister @sunnydecree, on twitter, has put up this beautiful graph, that you can see above, showing with the accurate pined arrows when exactly the fake money were minted and how the price of BTC reacted to minting and how soon that happened. As you can see in the pic above, every time there was a minting, a price spike followed.

Will this time be different? I hope not, because $30,000,000 worth of USDT might take BTC over $10k... again. Look what 25 million of USDT and 10 million of USDC did to poor BTC when it was struggling to hold $6k. Now it's kind of in the same situation, but at a grand over that level. The helping hand of Tether seems to always come at the right time. This time right before Christmas, playing Santa's role in crypto. Good luck Tether, good luck Bitcoin!

Thanks for attention,
Adrian