Crypto holders this morning woke up to a Bitcoin plunge below $8000, so in turn we are seeing altcoins following suit.
Steem yesterday saw some good buying volume, but buyers probably wish they'd waited 24 hours.
The drop in price for Steem is clearly Bitcoin's doing this time, causing what may be a false breakout for Steem that may otherwise not have occurred.
As always, this is not financial advice. I am just one guy sharing my opinion (for what it's worth). Trade and/or invest at your own risk, and always assume that the worst outcome is the most likely outcome for the majority of investors.
Thanks for reading. Shares and comments are always welcome.