Bitcoin’s price movement, as the largest crypto by market cap, sometimes reflects on the rest of the market. As it crashed, at least 15 of the market’s largest digital assets also crashed. Most of them lost about 5% of their weight.
In the same period, at least 7 of the market’s largest digital assets plunged. Some of them lost up to 8% following BTC’s crash.
For a while now, there has been some correlation between Tether’s USDT and BTC. This correlation is suspected to have played out again because a fresh $60 million batch of USDT was produced recently.