This week the panic took over the entire market, and as domain tokens the cryptos are going down alarmingly
As we can see the whole market is in red and some currencies have fallen more than 50% in the last 24 hours
The steem and the SBD have not escaped this crash and are trading at steem at $ 3.39 USD (-33.49%) and the SBD at $ 2.93 USD (-39.01%), with a parity of 0.843 which means that for every SBD you get 0.843 Steems
And I'm mentally prepared for prices of $ 2.15 and $ 1.20 for the steem and the SBD and for a BTC between $ 6K and $ 7K
Despite this fall, I am confident that we will have a quick recovery after the market stabilizes, the neccesary and irrational sales will end soon.
So keep calm this will end in 1 or 2 days and we will have a recovered and green market
DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser.
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