Coinmarketcap has Tether's 24h trading volume at $1.9 billion (over double the market cap). I find that concerning. They list the 24h volume for Bitcoin at $2

Coinmarketcap has Tether's 24h trading volume at $1.9 billion (over double the market cap). I find that concerning. They list the 24h volume for Bitcoin at $24 billion. At 9% or 10% of the 24h volume, Tether could very possibly be a major factor in the bitcoin price spike.