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  "path": "/tether-and-circles-3-billion-token-minting-spree-fails-to-protect-bitcoin-amid-crash-to-60000/",
  "publishedAt": "2026-02-06T11:58:08.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
    "Featured",
    "In Focus",
    "Macro",
    "Market",
    "Stablecoins",
    "TradFi",
    "Trading",
    "bitcoin",
    "Circle",
    "Stablecoin",
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    "Did minting $3 billion USDT, USDC just help stop Bitcoin losing $60k?",
    "CryptoSlate"
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  "textContent": "The crypto market has entered a fragile phase as Bitcoin dropped under the critical $70,000 level and bounced off $60,000, a zone that has increasingly acted as a gravitational pull rather than a launchpad. This subdued price action came as the stablecoin market has surged, with Tether and Circle minting billions of dollars’ worth of […]\n\nThe post Did minting $3 billion USDT, USDC just help stop Bitcoin losing $60k? appeared first on CryptoSlate.",
  "title": "Did minting $3 billion USDT, USDC just help stop Bitcoin losing $60k?"
}