Tether’s dreams come true with Donald Trump victory
If there’s any obvious winner among the top 10 crypto assets following Donald Trump’s secured his resounding election victory, it appears to be bitcoin. The price of the world’s largest crypto asset rallied at key moments on Tuesday, coinciding with developments in electoral predictions. As the Associated Press, NBC, Fox, and other news sources progressively called battleground states in Trump’s favor, traders watched bitcoin rally to a series of all-time highs. The tether between bitcoin and Trump was evident on real-time charts and displayed for the entire world to see. Bitcoin’s swell also raised the tide across thousands of altcoins with leaderboards like CoinMarketCap turning green almost without exception. Ether, Solana, BNB, XRP, and Dogecoin are all decidedly higher now than 24 hours ago. However, another top 10 digital asset didn’t rally at all — despite securing a massive victory. Tether (USDT), the world’s largest stablecoin, was trading at $1 yesterday and is