Hive Price Boosted - Is Hive Welcoming Donald Trump's Administration?

Hi.

For those who don't know, the price of Hive has boosted today and is now valued at $0.3248 on coinmarketcap. It is more than a 50% increase in a single day for Hive price.

Coinmarketcap

This is something Hivians would love to see. The crypto market including Hivians has struggled for some years with the low prices but yeah it looks like the market is taking a turn after a remarkable win by Donald Trump who is seen as pro crypto.

Bitcoin has also recently reached an all-time high of approximately $89,000 after an election win by Donald Trump.

The re-election of former president Donald Trump has been perceived positively by crypto investors for his pro-crypto stance. Analysts think that Donal Trump's administration may come up with more favorable crypto regulations which could promote investor sentiment and boost the prices.

Read my previous article here.

Not financial advice.

It's me, @justmythoughts, an ordinary Hive user looking to make the most of the platform. I will appreciate your support. Follow me for more. Thanks, Gracias :)

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