some are saying the reason BTC got a bounce is tether execs are being probed by DOJ for bank fraud. so when news of this broke, tether got dumped and BTC was the primary destination of those funds.
Tether Executives Face Possible DoJ Bank Fraud Probe - Bloomberg Report
but others are saying BTC has never had a problem running, tether or not, which is true. lol
i picked my lane, i'm staying in it. as soon as the SEC kicks the regulation can down the road, OR we get clarity on their plans, crypto will rally hard. jmho.