Crypto Market Blood Bath
Source: https://quantifycrypto.com/heatmaps
Don't forget to buy the dip!
Hey guys, today I bring you an update on the crypto market, today (November 26, 2021), the price of Bitcoin fell from $ 59,600 to $ 53,300, representing an approximate 9% drop in price .
4 HOUR CHART (BTC / USDT)
The rest of the market fell with bitcoin (as usual). The cryptocurrencies with the largest market capitalization (ETH, BNB, SOL, ADA, etc.) also fell significantly, ETH fell 10%, BNB fell 8%, SOL fell 7% as did ADA.
4 HOUR CHART (ETH / USDT)
4 HOUR CHART (BNB / USDT)
4 HOUR CHART (SOL / USDT)
4 HOUR CHART (ADA/USDT)
As we have seen in the previous graphs, the entire crypto market fell with the correction in the price of Bitcoin, but to our joy, the price of HIVE only fell 1% after reaching the ATH of 3.4 dollars yesterday.
4 HOUR CHART (HIVE / USDT)
Meanwhile, the Hive Dollar (HBD) did have a significant drop, fell a total of 10.59% and at the time of writing this blog, the price is at $ 0.889.
4 HOUR CHART (HBD / USDT)
Visually we can also see the bloodbath in the cryptocurrency market, according to Quantify Crypto, the heat map tells us that in general terms the market today is in a correction period.
Source: https://quantifycrypto.com/
Despite the sharp drops in crypto prices across the board, new opportunities are emerging for investors with less capital to buy top currencies in the crypto market at low prices. We, the users of HIVE and Leo Finance, can continue to be happy with the massive price increase in the HIVE token, with a volume that to date reaches more than 900 million dollars in market capitalization.
Source: Coingecko
Without question, we are living in historic and interesting times, our community continues to grow, and we are seeing significant gains from HIVE bloggers and content creators. All we need is to continue with patience because in the not too distant future we will be well rewarded.