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October 17, 2018

Traders flee Tether as uncertainty mounts

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Traders flee Tether as uncertainty mounts

Doubts surrounding Tether have grown stronger over the last couple of weeks, and on Monday, these doubts turned to panic — sending the so-called stablecoin to lows of $0.80 on Poloniex, and fueling a 12 percent rise in the price of bitcoin on Tether-denominated exchanges.

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