Binance withdraws have been re-enabled STEEM Price immediately jumps 3.5%steemCreated with Sketch.

in cryptocurrency •  5 years ago 

Binance withdraws have been re-enabled STEEM Price immediately jumps 3.5%

Binance STEEM withdraw and deposits had been restricted while wallets were in maintenance mode. This was holding the price 3.5% below that of other exchanges and weighing down the overall market price of steem as reported by indexes such as coing market cap.

There will be a bit of volatility as traders recognize the reason for the buying frenzy and existing triage opportunity. However, this should continue to balance out over the next few hours.

I am very glad to see the wallets coming out of maintenance mode. I believe the bottom of the market was reached. It should be upwards and onwards from here.

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fantastic to know about that steem to the moon


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