Micro Bitcoin Finance vs Tether

Micro Bitcoin Finance (MBTC) and Tether (USDT) compared side by side. Over the past 30 days, USDT is ahead by 9.8 percentage points (MBTC -9.9% against USDT -0.0%). Their daily returns move loosely in opposite directions (correlation -0.57 across 21 shared trading days). MBTC has been the more volatile of the two, at 37% annualised against USDT's 1%.

Correlation: -0.57
Ahead over 30 days: USDT

Micro Bitcoin FinanceMBTC

$1.4500

24h: —
Market cap: —
Volume 24h: $20
Volatility (ann.): 37%

TetherUSDT

$0.999382

24h: +0.04%
Market cap: $178.26B
Volume 24h: $63.30B
Volatility (ann.): 1%

MBTC 0.0%Share of the two combined market caps100.0% USDT

Performance

MBTCUSDT

7 days-6.41%+0.03%USDT
30 days-9.88%-0.04%USDT

Correlation

-0.57over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	MBTC	USDT
Max drawdown (400d)	-12.6%	-0.2%
Risk-adjusted return (90d)	-0.27	0.03

Relative strength over 90 days: USDT outperformed MBTC by 8.2% — measured on the MBTC/USDT ratio, so it holds regardless of market direction.

Micro Bitcoin Finance →Tether →