Yesterday steem had a 4 handle in front of it, today half of that.
But it isn't just steem, not by a long shot.
Everything is getting pummeled.
Bitcoin is now sitting at $11k and looking like it wants to go lower still.
What is causing all of this?
Confidence is a fragile thing and it looks like the crypto markets just lost it, for the time being anyways.
Anyone know the catalyst for the drop this time?
I think it's the ending of the year doing this fall down in all crypto. With Xmas and the new year, it's just a psycological thing lead to a loss of trust...
My prediction is on the 1st of January we will see a big up of all crypto, BTC at first
I am not so sure. What about all the people who are sitting on massive gains that want to wait till next year to realize them? If that is the case, January 1st could be a huge dump day.