Top 10 Cryptos
At the moment of writing, top 10 crypto assets were strongly correcting down, with all of them in red
XRP is correcting down with double digits, while all the other assets are taking a beating.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $0.93 on Coinmarketcap, up from yesterday.
After reaching as high as 15k satoshis, STEEM is back where it started, on the hourly chart
The daily chart also correcting down a bit, but it maintains the 13k satoshis level
SBD was trading, at the moment of writing, at $0.98, slightly up from yesterday and still at the peg.
On the hourly chart, SBD is trading in a range, as usual
The daily chart is also flat for the last few days
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 1.059 STEEM for 1 SBD, down from yesterday, and above parity. Since SBD printing rate is 0%, rewards are paid now in STEEM / Steem Power.
Overall opinion: The entire market seems down today. STEEM went through a pump and dump yesterday, in the anticipation of HF 20, which is expected to go live this afternoon. All in all, caution seem to be our best friend these days.
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 .
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