27-04-2019 23:00 via newsbtc.com

Despite Tether Concerns, Notable Analysts Remain Bullish On Bitcoin (BTC)

What many thought would never happen did on Thursday. Just days after Tether Limited, the company behind the USDT stablecoin, minted $300 million worth of its crypto asset, reports revealed that its operator, iFinex, may be on thin ice. As a result of this news, Bitcoin (BTC) dropped by 10% within minutes, plunging from $5,550 on Coinbase to $4,950 in a rapid sell-off.
Related Reading: Crypto Divided Over Tether, Some “Unequivocally” Bullish On Bitcoin
But since this news broke,
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