Analysis: Compared with the Omni version of the USDT issue, BTC is more likely to rise when the ERC20 version of the USDT is issued.

Today's news, encrypted data analysis company TokenAnalyst said: After studying the relationship between BTC price and USDT supply in 2019, it was found that 70% of all days of the ERC20 version of USDT will increase in price. On the date of the issuance of the Omni version of the USDT, the number of days in which the BTC price increased was 50% (12/24 days). TokenAnalyst co-founder Sid Shekhar said: "I think the recent difference is mainly because the USDT on the ERC-20 is easier to use as a tool for quickly transferring value than the USDT on Omni. Ethereum is faster than Bitcoin. Since USDT is primarily used to achieve revenue and volatility in crypto asset positions as the market moves, the speed of entry and exit is critical."