Traders flee Tether as uncertainty mounts Author: Kieran Smith Last Updated: 17 October 2018 Doubts surrounding Tether have grown stronger over the last couple of weeks, and on Monday, these doubts turned to panic — sending the so-called stablecoin to lows of $0.80 on Poloniex, and fueling a 12 percent rise in the price of Bitcoin on Tether-denominated exchanges.