BTC price almost clears $43.5K with Terra $125M Bitcoin buy-ins gathering pace

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A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin.

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Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by blockchain protocol Terra fuelled optimism.

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2.5-3k $BTC per day of supply removed over a long period of time = huge impact

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El Salvador president comes out fighting amid U.S. threat

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Elsewhere, news that El Salvador had reportedly pushed back the release of its so-called “Volcano bonds” with Bitfinex to September did not seem to sour the mood.

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With $1.5 billion of interest rumored to be vying for the $1 billion 10-year bond offering, Salvadoran President Nayib Bukele

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Popular Twitter account Credible Crypto, in particular, took aim at those hoping to buy in at levels below $40,000.

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Terra co-founder Do Kwon had at first given a $10-billion target for backing the firm’s new United States dollar stablecoin

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Followed by $3 billion in an interview on the weekend, but on Tuesday, he reconfirmed that the ultimate goal was $10 billion.