**News Flash: Tether's USDT and Bitcoin's Dance**

- Tether's USDT issuance has often mirrored Bitcoin's price cycles, with mints aligning with bull runs and burns following corrections.

- Data from Whale Alert highlights this pattern, showing large USDT mints coinciding with Bitcoin price spikes, especially in late 2024.

- While some believe USDT supply influences Bitcoin's price, the causality remains debated.

- Recent trends suggest USDT's role in Bitcoin cycles is diminishing, with new liquidity entering through other channels.

- Regulatory changes and competition from other stablecoins like USDC may reshape this dynamic.