Hello friends, today I will present you the developments and news about Hive and Bitcoin.
First of all, there were withdrawals in bitcoin and other cryptocurrencies with the effect of the meeting on cryptocurrencies. This situation is very normal, there are those who withdraw before every critical meeting in the stock markets.
Finally, the meeting decision was announced and it was stated at the end of the meeting that the interest rates would not change.
Trying to combat high inflation, the FED kept the interest rate unchanged between 0 and 0.25 percent. "We decided to increase the pace in reducing asset purchases. Economic development and outlook necessitated a faster reduction in asset purchases," Fed Chairman Jerome Powell said at the meeting he held after the decision. used the phrases.
After the meeting, let's examine the prices of cryptocurrencies with graphs.
HIVE
First of all, I would like to start my news with Hive. Hive is our national currency :) And it is about to rise and even saw 1.45 levels, which is a promising development. And cryptocurrencies, especially bitcoin, will show their former strength again as soon as it recovers and my guess will be back to its $2 level.
Now it's time for our major coins, I created the charts here by screen recording from coinmarketcap.com.
Source :CMC
BTC
Bitcoin has already started to recover and many altcoins that have been on the decline since yesterday are trying to reach their values 1 week ago.
ETHEREUM
Ethereum, on the other hand, rose to the pre-meeting levels of 4K$ and gained 4 percent in the last 24 hours.
By the way, although they say that there is a very advanced goal of replacing Bitcoin, about Ethereum, it still has not been able to show that vision due to the problems experienced by cryptocurrencies. If you ask my opinion, yes, I think that Ethererum will experience very serious rises one day, very seriously beautiful infrastructure and updates increase the price of a crypto money due to the trust in it.
BNB
Binance's famous cryptocurrency BNB is one of the other cryptocurrencies that completed the day with an increase of about 5% and continues its progress. You can observe the increasing price increase with the acceleration after the meeting in the picture below.
SOL
SOL comes first among the coins with very beautiful graphics today. With an increase of &13, you can feel the image on the chart whether it wants to run to $200 as before. SOL was a coin that I saw last year and didn't like :)
I didn't realize it when it was 1.5 dollars and bought it. If you ask me if I regret it, I definitely regret it. Yes, I can declare SOL today as one of the coins that will make its investor laugh immediately.
CARDANO
I don't know if it's me, but Cardano seems to have been in place for a long time, but this crypto currency, which has very serious projects and infrastructure, is in the class of coins that are trying to increase its value at $ 1.3 levels with a 3 percent increase in the last 24 hours. There was no significant decrease or increase.
Avalanche
Avax is a crypto that I can talk about until the morning and follow closely because I think its association with the launch pad and XAVA strengthens it day by day. Avax rose up to $100 levels very quickly today and frankly I believe it will go up to $150 in 3 days. It is not investment advice, but I believe the Avax investor has a very different investor identity. And I follow their projects soon.
When you examine the graphics in detail, Avax makes it look like an unstoppable race horse. My other favorite coin is SOL, one of those who can't stop when it starts to rise. The combination of Avax and other XAVA launchpad events will make them even more popular, I can say that I told you in the future :)
DOGECOİN
I used to love to write articles about Dogecoin, but after seeing the impact of billionaires like Elon Musk on crypto money exchanges, I don't really enjoy it. But in the end, there is no room for sentimentality in the investment business. After Elon Musk said that Tesla products can be traded with Dogecoin, you know that the stock markets started to rise even when they were falling.
It is in a recession phase, but I am one of those who believe that Dogecoin will be on the agenda again with an acceleration in the future.
By the way, I bought my first crypto currency Dogecoin :) My memories are refreshed...
POLYGON
Another lucrative cryptocurrency is the Polygon network cryptocurrency. It is trying to continue the day with 16% volume increase.
LEO
Finally, I would like to share with you the price of the leo. Leo too will see the high values he deserves one day, I don't think we will see him again at $0.25 levels. But first of all, Hive should do a nice run again..
Source :Leodex.io
Yes, friends, today's cryptocurrencies are like this, I tried to present them to you by adding my own comments as much as I could. I would like you to support and like my articles, if you like it. We wish you a good and profitable day , take care of yourself until our next meeting .
Source ScreenShots:CMC
BTC image source