Top 10 Cryptos
At the moment of writing, top 10 assets were significantly bearish, with Bitcoin posting a 7% loss
There's a sharp sell-off across the entire market spectrum, apparently drove by regulation news coming from South Korea.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.28 on Coinmarketcap, sharply down from yesterday in fiat but too much in BTC.
On the 1 hour chart, STEEM went down a bit, and it's not trading at 16.5k satoshis, after being mostly at 17k satoshis yesterday
On the 1 day chart, the 17k satoshis resistance level is broken and we're seeing 16.5k satoshis being tested
SBD was trading, at the moment of writing, at $1.12, down in fiat from yesterday, but slightly up in BTC.
The 1 hour chart shows a small spike up to 16k satoshis, followed by a correction to the previous level, 14.5k satoshis
The 1 day chart seems relatively stable around 14k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.857 STEEM for 1 SBD, up from yesterday, and under parity. SBD printing rate is 37%, down from yesterday.
Overall opinion: After an impressive week above $8,000 Bitcoin is taking a plunge, on news from South Korea perceived as negative (taxing crypto exchanges more). STEEM and SBD are holding their ground in BTC, but they are feeling the pain too.
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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