In an unusual move, Tether is burning USDT supply. $1.3 billion burned in over the past 7 days. Given that Tether is usually printing that much or more, this should create more downward pressure over the holiday.
https://coinmarketcap.com/currencies/tether/ (click "market cap" tab)
The Blockstream volcano bond scam should be in full swing soon, perhaps this will create some froth in the markets.
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source https://www.reddit.com/r/btc/comments/r0mmg1/tether_burning_usdt_tokens_this_week_watch_out/
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