Data: USDT market value increased by $ 500 million in 5 minutes before Bitcoin rose sharply today

CoinDesk wrote that Tether ’s USDT market value had increased by $ 500 million in 5 minutes before the sharp rise in Bitcoin today, from about $ 4.14 billion at 4.49 am to about $ 4.65 billion at 4.54. After inquiry, as of now, Tether's USDT market value is 4,776,470,463.76 USD. Since USDT is used to quickly transfer funds between cryptocurrency exchanges, the sharp increase in USDT's market value can be explained by increased demand for digital assets, although some critics have long accused Tether of using tokens to manipulate the market. As of now, a Tether spokesman has not responded to this.