In those past three weeks steem dollar has gone to the peak value which is somewhere a single steem dollar is worthy of 16.8 us dollar. Most of the trading was happened in those time. Some people say that these are the most unbalanced situation of steem dollar they have ever seen.
But in the last 24 hours all of a sudden steem dollar really behaved unbalanced condition. In those 24 hour time period in reache to the 14.2/SBD to 6.6/SBD .Such thing never happened in those past there weeks. The sudden fall of steem dollar value may have a huge effect of the market as the Trading volume fall from 6M to 2.8M and Market capitalization fall from 55M to 33M.
If you look into the graph in here you will see how it change throughout the whole 24 hours.
MARKET CAPITALIZATION: $33,157,788.58
24 HOUR TRADING VOLUME: $2,979,623.61
24H LOW / 24H HIGH: $6.6228 / $14.2129
CURRENT SBD PRICE TO USD: 8.03$ (-39.963%)
As we already see that the SBD price is falling down and the Bitcoin and Ethereum and Litecoin and Dogecoin every cryptocurrency has been fall down to unexpected.
MARKET CAPITALIZATION: $220,514,403,406.93
24 HOUR TRADING VOLUME: $8,230,184,607.92
24H LOW / 24H HIGH: $11,519.1690 / $16,729.2080
CURRENT SBD PRICE to USD: $13,159.56(-19.899%)
Ethereum act kind of different from others. They come down from 800usd to 540 usd and then they rise above to 900 usd now.
MARKET CAPITALIZATION: $88,555,173,201.00
24 HOUR TRADING VOLUME: $2,733,845,071.68
24H LOW / 24H HIGH: $543.7068 / $904.6877
CURRENT VALUE IN USD: $917.66(+13.570%)
Litecoin fall down to 180 whereas they were 300+ in couple of hour ago.
MARKET CAPITALIZATION: $13,750,674,746.39
24 HOUR TRADING VOLUME: $2,074,900,881.41
24H LOW / 24H HIGH: $180.5051 / $326.3014
CURRENT VALUE IN USD: $252.67(-21.233%)
MARKET CAPITALIZATION: $608,841,012.95
24 HOUR TRADING VOLUME: $48,633,508.68
24H LOW / 24H HIGH: $0.00456779 / $0.00793527
CURRENT VALUE IN USD:$0.0054(-31.839% )
In last 24 hour all of the cryptocurrency really behaved weird and unexpected. And this is why trading value and market capitalization are falling down. Let's hope it will rise again.
Graph Source: https://www.coingecko.com
Let's hope for a blast in #Christmas as a Christmas gift of these cryptocurrencies. Best wishes for you guys. Thanks
