Hi everyone! This market update article will cover Bitcoin's recent break of the $6000 price mark, and STEEM's current price status. Let's hop in!
Bitcoin Just Broke $6000
In the past day, BTC rose by over 5% (~$400) breaking through the $6000 barrier and ushering in another proud moment for all investors.
Bitcoin is currently trading at about $6100 right now. We recommend that you do not sell Bitcoin, and instead if BTC dips, simply buy more!
BTC is up 50% in just one month, and with $3k, $4k, $5k, and $6k broken in just a matter of months, it looks like $10k might not be too far away.
STEEM Ripe for Buying
Whenever Bitcoin takes a huge turn in either direction, altcoin prices are also affected. Currently, STEEM is trading at about $0.99 (less than a dollar), which makes it perfect for buying!
A nice profitable trade right now would be buying STEEM using Bitcoin, since the current STEEM/BTC price took quite a hit. Buying STEEM when it's below a dollar has always been a good idea, as STEEM always bounces back up quickly.
One Small Step for Bitcoin
BTC is rising incredibly every month; we're currently up about 1000% in a year!
Soon, Bitcoin will likely become a normal and standard part of an investor's portfolio.
It seems like the moon is getting closer and closer every day.
Thanks for reading,
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image sources: 1, 2, 3 - Brainless Tales