hive update 17/11/2024

in #blog6 days ago

Hello everyone today I am back with you to review for everyone how the market has been recently after 2 interest rate cuts, the second time the Fed reduced interest rates by 0.25 points. showed strong moves indicating that the market is having a slight recovery.
According to the economic cycle, starting from December to June will be the time when the market fluctuates strongly and growth is extremely strong.

After the presidential election on November 4, 2024, BTC is one of the strongest locomotives from the lowest point more than 1 month ago of 59k, currently BTC is trading in the 91K area, this makes the community boiling.

bnb, one of the coins representing the world's leading electronic trading platform, is also fluctuating around more than 600 USD, a quite strong increase.

And this is our hive, after a period of price reduction to 0.16 USD, the current hive has grown to 0.24 USD. increased by about 50% I remember a few days ago hive had a pretty strong increase of about 0.3 USD and I sold a little bit and then caught back a larger amount of hive.
The market is continuing to grow very strongly thanks to investment funds as well as retail investors who are entering the market with huge cash flows and this makes the market more and more exciting.