Bitcoin Price Spikes Over $43K After Large Tether Minting; Halving Cycle and Institutional Interest Fuel Optimism
• Bitcoin price surges past $43,000 after Tether mints 1 billion USDT, totaling 13 billion USDT since October 2023 • Large Tether minting events historically linked to significant Bitcoin price increases, raising questions about potential volatility • Success of BlackRock's spot Bitcoin ETF surpassing $2 billion in assets reflects growing institutional acceptance of Bitcoin • Anthony Scaramucci predicts Bitcoin price of $200K - $400K based on historical Bitcoin halving cycles • Upcoming Bitcoin halving, increasing institutional investment, and Tether minting presents bullish outlook despite recent crypto market correction