Looks like another bad weekend for Crypto

As you can see from the images taken from https://coinmarketcap.com/currencies/hive-blockchain/ Hive is just at the 1 USD level, like a stable coin, only thing is there is nothing stable about the market, it is going down. There is hardly a Friday now when this isn't happening and it goes on through the weekend.

It is of course bad news, but means nothing, anything could be bringing the market down. I guess the most impacting event right now is the supposed possible invasion of Ukraine by Russia. That geo political area is the center of some of the bigger crypto mining setups in the world so I guess that could have the market kind of nervous.

But frankly, less mines in no way mean less Bitcoin or other crypto mined it just means less miners will share the rewards which is good news for some. Now if only this made the prices moon.

Posted Using LeoFinance ^Beta