Comparing $USDT Tether liquidity conditions to Bitcoin price

Updated

Red line tether depegs below $1
Blue line tether restores its peg

Just a thought.

(Tether is the largest stablecoin by volume and marketcap)

Note

hm interdasting. extended illiquid conditions in tether market do correspond with market uncertainty

Note

tether repegged yesterday. Now bitcoin is pumping. Interesting

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