Tether Announces $5.2 Billion Profit in First Half of 2024

ETH

ETH/USDT

$1,666.40

-1.30%

$1,666.40

-1.30%

(24s)

24h Volume

$9,355,341,366.91

24h H/L

$1,691.07 / $1,652.09

Change: $38.98 (2.36%)

Long/Short

73.8%

Long: 73.8%Short: 26.2%

Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,669.64

▼ -0.23%

Volume (24h): -

Resistance Levels

Resistance 3$2,096.57

Resistance 2$1,817.29

Resistance 1$1,710.43

Price$1,669.64

Support 1$1,613.42

Support 2$1,505.68

Support 3$1,244.77

Pivot (PP):$1,670.93

Trend:Downtrend

RSI (14):31.0

**Tether Announces $5.2 Billion Profit in First Half of 2024, Strengthening Market Position**

In a significant financial disclosure, Tether has announced a robust profit of $5.2 billion for the first half of 2024. As the organization behind the popular stablecoin USDT, Tether’s impressive earnings highlight its reinforcing presence and stability in the cryptocurrency market. This substantial profit margin signals growing trust and widespread adoption of USDT, making it a cornerstone asset for traders and crypto enthusiasts alike. #Tether $USDT

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