Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.
This is happening quite many months now. I wish I would make some notes in past and could be more exact. It seems it already come in my subconscious and a week ago with huge BTC raises i was already predicting Monero price going up even BTC wise. So double gain. Same as when BTC go down,Monero go down even in BTC.
I dont know why this happen and dont know how to call it,but Monero dont act as other alts, but like a BTC baby.
I might be totally wrong since was so many news, and could all be just because of that. + as I said, i am just flowing my instinct and not having real data here.