Comparing Bitcoin, Tether and Ethereum

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 :)