I find it curious that there isn't any analysis suspecting the BTC crash to the breaking of the USDT peg. It started a couple weeks ago and now USDT is routinely trading at a discount relative to $1.
There were a ton of articles in 2017 speculating that the bubble was being directly inflated by USDT printing and when the peg broke BTC would crash[0]. Now that those things have happened - silence.
[0]: http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-l...