Tether Overtakes Monero and Dash as Investors Wait for Bull Market

U.S. dollar backed stablecoin Tether (USDT) has overtaken privacy coins Monero and Dash to reach the 12th highest cryptocurrency by market cap following a recent drop in prices. As crypto investors store more of their value in Tether, the amount of money waiting for a bull run to enter the market is on the rise.
Tether Shows Market Potential
Over the past two weeks, Monero and Dash have succumbed to the downward pressures of the current bear market and dropped below Tether, which has a market ca