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Despite some fluctuations, the conversion rate sought to stabilize, closing the period at 3.8750 on March 31.
Summarizing the period from October 4, 2023, to April 1, 2024, the ICP to USDT exchange ratio displayed overall growth, with notable peaks and troughs influenced by broader market trends and the project's own performance.
ICP / USDT live price chart
Both ICP price and USDT price are quite volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering exchanging your crypto.
From October 4, 2023, to April 1, 2024, the conversion rate between the Internet Computer (ICP) and Tether (USDT) experienced notable fluctuations, reflecting the dynamics of the cryptocurrency market during this period.
At the commencement of the period, on October 4, 2023, the ICP to USDT conversion rate stood at 3.1650. As November 2023 unfolded, the conversion rate saw a moderate upward trend, reaching 3.4620 on November 14. However, by November 30, the rate experienced a slight dip, settling at 3.2900.
The market showcased a positive sentiment for ICP as it closed the year, with the conversion rate rising to 3.6050 on December 12. This upward momentum persisted, and on January 10, 2024, the rate climbed to 4.0120. The peak of this period occurred on February 1, 2024, when the ICP to USDT conversion rate reached 4.7099, reflecting the significant growth and interest in the project. However, as Bitcoin embarked on a new bull rally, the ICP to USDT rate experienced a decline, reaching 3.9500 by February 29. The downward trend continued into March, with the rate decreasing to 3.8000 on March 14.
Despite some fluctuations, the conversion rate sought to stabilize, closing the period at 3.8750 on March 31.
Summarizing the period from October 4, 2023, to April 1, 2024, the ICP to USDT exchange ratio displayed overall growth, with notable peaks and troughs influenced by broader market trends and the project's own performance.
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