The Bitcoin (BTC) price has broken free from its recent consolidation phase, breaching the $60,000 mark and setting its sights on critical resistance levels essential for propelling the cryptocurrency to new all-time highs (ATHs). This surge comes amid emerging bullish momentum in the world’s largest digital asset. However, the key to continuing this breakout is the influential role of Tether (USDT), the largest stablecoin in the crypto ecosystem. USDT Minting Could Propel Bitcoin Beyond $73,700? According to technical analysts, such as Doctor Profit, the continuous minting of USDT by its issuer could be the decisive factor that pushes Bitcoin to surpass its previous record high of $73,700 reached in March this year. Related Reading: Cardano Is Not ‘Dead’: Crypto Analyst Predicts Surge To $5 In a recent social media post, Doctor Profit highlighted the significance of Tether’s activities in the current Bitcoin price dynamics. Despite Bitcoin’s consolidation below the $60,000 mark over the past 48 hours, Doctor Profit noted that Tether has continued to print more USDT, with its market capitalization increasing by 13.6% since Bitcoin’s all-time high in March. “Usu ..
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