Steem has pushed into oversold territory again, marking what appears to be another round of sales as Bitcoin pinches a loaf. Judging by volume, it doesn't appear to be anything more than a Monday morning windup. Steem actually gained 0.01% marketshare, if that means anything.
On the historical trend, the markets seem to be running in parallel with last years price action, so these daily ups and downs of indecision are nothing new.
All normal on the Satoshi Front as Steem continues to slide down the channel.
I still believe a handle is forming for the Steem vs. Ethereum price, albeit delayed because of a dumpy Monday.
| Last Closing Price | $2.02 |
|---|---|
| Price 1 Year Ago | $0.169063 |
| 1 Year Growth | 1194.82% |
| Marketcap Rank | #30 |
| Last Closing Marketcap | $504,144,000 |
| Percentage of Total Crypto Marketcap | 0.152% |
| 24 Hour vs. USD | -7.96% |
| 7 Day vs. USD | -5.28% |
| 24 Hour vs. BTC | -4.25% |
| 7 Day vs. BTC | -2.84% |
Thank you for reading. Try to keep your head attached in these crazy and blood-thirsty crypto markets.
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