USDT Tether price fell below $0.95 and started losing it's meaning of stable coin.
This made traders "sell" USDT Tether and buy BTC instead.
Thanks to USDT Tether, BTC and all other coins started a nice rally.
What I see in this action is the fear from the "lack of stable assets".
Without USDT Tether, traders would be vulnerable to dumps.
If a major dump would come, I cannot even imagine how low the prices would fall.
I just hope it won't happen.
But, surely, stable coin is a mandatory.
Let's monitor thoroughly how the new stables coins are being developed.