Evermore

Comparing Bitcoin, Tether and Ethereum

BINANCE:BTCUSDT   Bitcoin / TetherUS
Notice the remarkable correlation between the Tether market cap (in ORANGE) and Bitcoin prices (thanks to @acatwithcharts for pointing that out).

Also, note the breakdown in correlation between the Ethereum (in AQUAMARINE) and Bitcoin prices from around July 2018 - perhaps due to the end of ICO mania on Ethereum from 2017.

Please leave a Like if this chart has given you some insight :)

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