|Day's range||82.749 - 87.19|
|52-week range||64.22 - 308.44|
|Volume (24 hrs)||86.08M|
|Volume (24 hrs) all currencies||465.03M|
Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.
Bitfinex's API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn't exist. So what does that $48 million in daily volume mean?
Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company's "treasury" wallet.