Analyst: Bitcoin rally continues despite pause in USDT minting

On-chain analyst Maartunn noted on X that while new USDT issuance has been quiet in recent days, Bitcoin's rally has continued. He added that this differs from the rally over the past two weeks, which was supported by large-scale USDT minting from Tether. Commenting on this, The Crypto Basic observed that from late 2024 through most of 2025, sharp price increases tended to coincide with surges in USDT issuance. The outlet suggested that these spikes, often occurring just before or during Bitcoin price climbs, indicated that new liquidity was fueling the gains. However, the current situation is different, and a sustained bull market without new stablecoin inflows could point to a stronger, more durable trend.