Bitcoin price drops below $59K as institutions stop buying stablecoins

Cointelegraph.com NewsBitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%. 

​Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.