... long—arbitrage and newly issued tokens cooled the "premium." Thus, the technical fluctuation corridor for USDT typically ranges from $0.99 to $1.01, with rare exceptions. Relative Dynamics to the Crypto Market. It’s interesting to observe USDT's behavior in relation to other major crypto assets. While the USDT price against Bitcoin or Ethereum is primarily determined by the movement of the latter (as USDT is nearly fixed while BTC/ETH are volatile), there are indirect indicators. One such metric ...