Unbalanced behaviour of all cryptocurrency

in crypto •  7 years ago  (edited)

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%)

sbd.JPG>

SBD/USD

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.

Bitcoin

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%)
btc.JPG

BTC/USD

Ethereum (ETH)

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%)
eth.JPG

ETH/USD

Litecoin (LTC)

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%)
image.png

LTC/USD

Dogecoin (DOGE)

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% )
doge.JPG

DOGE/USD

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



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Steem is really going down. I hope it will go up soon.

I wish too. Let's see where it goes.

Its not the Steem that is the problem. Its actually Bitcoin that is pulling the strings. its bitcoin's fall that is making all the cryptoworld fall with it. all the altcoins showing a serious fall in their prices. so no need to worry as bitcoin will strike back and when that happens, SBD is going to regain value.

That is true actually. As bitcoin fall to 11k and all of a sudden every crypto follow their leader.
Hope bitcoin will rise to 20k+ again.

It's crypto's habit to go up and come down... hahaha.. we're just visitor of their drama...

yeah,, but today they are changing like unbalanced way...
to the top of it and to the bottom all of a sudden.

hahaha.. when my friend heard bitcoin crushing.. He's got 103 degree fever... God knows what will happen... I am hoping for best...

And I myself got headace after seeing the bitcoin crush ,haha

el steem dollars está cayendo cada dia mas

It will rise again i guess. We just need to be patience and stay with hope.

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Good post i follow you

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