Trump said tariffy things today (Friday afternoon) and global markets are in turmoil. The crypto market is reacting very badly. BTC fared better than most, only losing 10% or so, being a massive force crypto people run to for safety. But BLURT also did well, currently down 14% today. Not bad, considering HIVE is down 23%!
Here's BLURT priced in HIVE over the past 3 months:
Youch! At one point during the drop, HIVE hit its all-time low of 9 cents! It's currently "only" down about 1/4 of its value, today alone. But as you can see above, HIVE has been bleeding out nonstop for months!
Periods of capitulation and rotation from HIVE into BLURT...a huge one in early August, a smaller one in September. In between, stability... but never any retracement. BLURT either gains, or holds. HIVE either holds, or loses.
We can go back a couple more months, using an image I made for a previous post:
Big rotations in mid June and late May.
Now check this out, the current orders on Hive-Engine:
Pages of buy orders (people who want BLURT), but only 8 orders selling BLURT for HIVE! The bottom order is a fake/impossible order and can be ignored, so there's only 3725 HIVE ($520) worth of BLURT available!
The overall crypto market is down. BLURT is holding up much better than most, especially against HIVE, which is squealing in pain and begging for mercy.
DRutter
