Top 10 Cryptos
At the moment of writing, top 10 assets were more or less stable, although they look bearish, with 8 of them in red and only two in green
Bitcoin is back over $7,000 ($7,039) after hovering under this level for most of yesterday. The other assets are trying to keep it up, but some of them are hurting bad, like MIOTA, with a double digit loss.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.17 on Coinmarketcap, almost identical with yesterday in fiat and in BTC.
On the 1 hour chart, STEEM is maintaining the 16.5k satoshis level obtained a couple of days ago.
The 1 day chart is stable at the same level, 16.5k satoshis, for the last 3 days.
SBD was trading, at the moment of writing, at $1.07, almost identical with yesterday, in fiat and in BTC.
The 1 hour chart shows the same stability around 15k satoshis
The 1 day chart looks to enter a more healthier sideways trading pattern, at least for the last 10 days
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.906 STEEM for 1 SBD, down from yesterday, and under parity. SBD printing rate is 8.33%, down from yesterday.
Overall opinion: Markets are stabilizing after an hesitant start of the week. STEEM and SBD are surprisingly stable.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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