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June 18, 2025

Surge in USDT Minting Bolsters Bitcoin Ahead of FOMC Meeting

As the FOMC meeting approaches, the crypto sphere has received news of a substantial 1 billion worth of USDT minted on Ethereum. This significant minting serves as bullish news for Bitcoin and the broader cryptocurrency market. It reflects investors’ heightened confidence as they prepare for the key meeting, which could lead to potential market shifts. The impact of this minting on Bitcoin prices remains to be seen, but enthusiasm is building as investors look for signs of what is to come.

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