Why? Until Tether (USDT) is stop from minting their shitcoin out of thin air then I think this will never happen.
I agree in general but what makes you think that they cannot print another $60b?
I was furious af when the marketcap was around $9b and they added more than $50b since then. Now I know that it is impossible to say something cannot happen in this space. Everything is possible.
I wouldn't be surprised if BTC goes to zero tomorrow as it can go to $100k.
If the $50b was minted like let say for a pan of 2and half years, other altcoin including Bitcoin would have been stabilize by their corrected ATH, but the $50b was minted out of thin air in less than six months, and this disrupted the entire individual crypto market pricing.