Hi Everyone,
There is a quick spike in Steem price recently almost 2 hours ago.
Currently trading @0.00013 BTC or 0.82 $ per Steem.
That's more then a 10% gain.
By looking at different exchanges data we can see many arbitrary opportunities in the market.
Few minutes ago it was trading on Bittrex @ 0.81$ and on Binance @ 0.90$.
Buying on Bittrex and selling on Binance will be a good arbitrage BUT as expected Bittrex and shut their deposit and withdrawals on the name of AUTOMATED MAINTENANCE.
Anywayz the price spike is real but let's see if it consistent or not.
What do you guyz think? is the market going to fall back or go for a higher price, Please share your views in the comment below.
This post is not based on any technical analysis and is just a market overview.
Thanks for Reading