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RE: What happened to Hive? Why did the price fall?

in #tribes • 5 months ago

Profit-taking is a very accurate term, but it's hard to predict, man, I didn't expect Hive to go back down to 68 cents and I don't think anyone did. It's not specific to Hive, people thought the crazy bull was coming but Trump may have prevented it with his tax decisions etc.

5 months ago in #tribes by
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         5 months ago 

        So far the new president had a mixed influence on crypto. It's also a good example to see how crypto are linked more and more to the traditional financial markets. In the past, taxes would have meant pressure on currencies and therefore people would have invested in BTC to compensate it. Nowadays, when things go down, everything goes down...

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