Tether may delay fundraising if demand falls short at $500B valuation: Report
Burns Brief
The $500 billion valuation would put Tether ahead of every US bank except JPMorgan Chase, surpassing Bank of America and placing it among the world’s largest financial firms The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.
The $500 billion valuation would put Tether ahead of every US bank except JPMorgan Chase, surpassing Bank of America and placing it among the world’s largest financial firms.
Key Takeaways
- The $500 billion valuation would put Tether ahead of every US bank except JPMorgan Chase, surpassing Bank of America and placing it among the world’s largest financial firms