This very sad. Now Bitcoin trade around 8k USD , fall so much. I don't know how long I can hodl to da moon. I know Bitcoin will be 20k USD one day soon, but vary scary.... Sounds like whales do much manipulate

first of all it has not increased or decreased if it is still worth ~$1 like always.

secondly it has dropped to $0.93! https://trade.kraken.com/kraken/usdtusd

and finally when there is a coin that is supposed to be worth $1 that means the market will react according to that assumption. this means if the price of it drops below $1 then people will start buying it because they are 99.99% sure it is under-priced. and if it rises above $1 they will start selling the shit out of it because they are 10000% sure it is overpriced.
and that is how it keeps its price fixed at $1 with no increase or decrease

I totally agree.  I think this is well orchestrated.

bitcoin decline happening like this (a slow drop over weeks) and at this size (60%) is surely fishy. as i said this before recently we are in a reverse bubble! it has to have a name when price drops huge like this but people only focus on the "bubble" when it is only a rising price.

and none of it has anything to do with USDT or tether. that coins has always been fishy.

I think this ultimate correction is nothing to do with USDT alone. Maybe the market was manipulated by the whales or conspiracy of all bitcoin haters like the banks to take down digital currencies especially Bitcoin. I just wonder how much money they spent to make this correction to take effect and how they do it as all coins are crashed and looks like no end of it.