Hive dropped from 0.123 $ to 0.115 $ — a ~6.5% change that doesn’t signal panic, but suggests repositioning. Possibly a post-hardfork liquidity reaction or quiet confidence recalibration. In low-volume systems, small moves are big signals. Not a loss, but a network strain.
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I've found that many of the assets on Hive are not highly correlated to the overall crypto market, so I wouldn't put too much weight in its performance compared to BTC.
Honestly, until now i was blaming Bitcoin's movements and didn't think about the possible internal problem. And yes, maybe the problem isn't the market, but what's being published here. If we post only for tokens, the value is lost.
It's not about the people publishing, but rather what they do with the tokens once they receive them. In my first few years on Hive, I would take my earned rewards and swap them for SPS to use to buy assets in the Splinterlands game. But I've kept everything for last 2 years!
I think it is in line with the overall market, nothing to do with Hive alone. Even if Hive has consistent selling pressure lately, thus the decreasing price even when crypto jumps high.
Yes👍 the crypto market is going through a tense period, and the beginning of November seems to bring increased volatility and mixed signals, including for Bitcoin. Hive is no exception.