You are viewing a single comment's thread from:RE: β΄οΈ BITCOIN ROCKETS TO AN ALL TIME HIGH OF $3,216!! ππ€π€£πView the full contextflauwy (74)in #charlesfuchs β’ 7 years ago So do you think that a rising BitCoin price will pull Steem with it?
Somewhat, there is like a 70% Correlation with bitcoin. So it kinda moves with bitcoins :)
But the worth of Steem vs BitCoin has been lowered a lot in the past days. See the yellow graph.
Most of the coins are behaving that way as many sold their alt coins before the hardfork to have bitcoin/BCC. Give it a few weeks :)