The cryptocurrency market saw another downturn day as more FUD news came out regarding USDT and Bitfinex, and the fact that the CFTC is issuing a subpoena for Bitfinex for possibly their involvement in USDT. With a market cap of 2 billion USD, if Tether implodes this can have major repercussions for the market; and this is horrible timing as the Chinese New Year is right around the corner.
As always, I take this as a great buying opportunity with additional money on the sidelines ready for more downturn. Also, I have been picking up more KuCoin and ICON as the price dropped. If in doubt HODL!
