Crypto news (08/22/2020)

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The day began for all cryptocurrencies with a fall. The only asset that managed to maintain a positive trend was Tether. During the day, the cryptocurrency has risen in price by only 0.3%. Bitcoin is still trading slightly below the $ 12 thousand level. Chainlink and ETH suffered the most in 24 hours. Over the past day, the Chainlink rate has dropped by more than 9%, while ETH has fallen in price by more than 6%.

Tether overtook bitcoin in popularity in East Asia
Such results are presented in the work of the Chainalysis team.

East Asia is the largest digital asset market. At the same time, in addition to the most capitalized cryptocurrency – bitcoin – residents of the region pay special attention to the stablecoin Tether. This conclusion, in the course of their next study of market performance for the year, came from analysts at Chainalysis.



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