This Market may not be your normal Market i've seen some fighting amongst whales. I've seen some massive flagging from whale to whale.
There is something unusual occurring on the steemit platform. I suspected all comes down to money as usual and this particular Market.
So I'm not sure what caused it to jump from a dollar to a $1.50 in the last week. But I am wary of the influence of these massive whales. Those same whales doing the massive flagging may also be influencing this Market.
RE: Steem Price - $1,61 on Bittrex