Isn't that a relief? You bet!
Seems like STEEM is holding over 2000 sats which does make me happy after seeing it holding low prices compared to some other projects that have pumped a lot more in the last 5-6 months.
Ofcourse, few projects have pumped more than 200-400% but it's worth noting that the STEEM/BTC pair has given 90% returns from it's absolute lows from October 2019.
But as always nobody knows how long this market will keep going up. But it would be great to see a few more moves upwards and seeing as BTC has pumped back over 10K it may just happen.
But for now i'm pleased to see this move up in price. However, it's also worth noting that we're also up in USD values from the lows of 2019 which is also great for a lot of people trading STEEM actively. I'm sure some of the low ranking witnesses will find this beneficial as well.
Wouldn't it be great if we could get back to some 50 cents and stay there for a while. Wishful thinking for now but hopefully we'll get there and beyond this year.
Are you trading STEEM?