Bybit Revives Fiat-to-Crypto Campaign With 80,000 USDT in Weekly Rewards

Bybit has relaunched its Fiat-to-Crypto Frenzy promotion, with 80,000 USDT allocated to weekly prizes, according to a Bitcoin World report carrying the exchange’s announcement. The campaign focuses on purchases made with fiat currency and is positioned as a simpler route into crypto markets. Bitcoin World’s coverage, the only supplied report on the development, says Bybit describes itself as a financial platform trusted by more than 80 million users worldwide. That user total comes from the promotional announcement and was not independently corroborated in the supplied material. The wider market backdrop is subdued. Total crypto market capitalization stands at $2.39 trillion, while Bitcoin is down 5.89% over 24 hours. The Fear and Greed index is at 20, placing sentiment in the Extreme Fear category. Tether is comparatively stable: USDT trades at $0.999176, up 0.02% over 24 hours and 0.01% over seven days, with a market capitalization of $175.57 billion. DeFiLlama separately reports a circulating USDT supply of $175.3 billion. The reward pool remains notable as a campaign incentive, but the supplied data does not establish any broader market effect from the relaunch.