Comparing $USDT Tether liquidity conditions to Bitcoin price

Bitcoin (COINBASE:BTCUSD)

Updated

COINBASE:BTCUSD Bitcoin

beyondta

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

Just a thought.

(Tether is the largest stablecoin by volume and marketcap)

Comment:

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

Comment:

tether repegged yesterday. Now bitcoin is pumping. Interesting

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