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RE: Daily Crypto Markets Live Blog: Crypto Markets Stalled: Not HIVE (11/24/21)

in LeoFinance • 4 years ago

A lot of volatility in the commodities markets. It is really hard to get a grasp on where things want to go. There are a lot of supply chain issues still (some intended like oil). However, the markets seem a bit tired.

We will have to watch the demand. China is a heavy consumer of commodities. The data out of there over the next couple months will tell a big story.

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4 years ago in LeoFinance by
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     4 years ago  

    They did release 50 million barrels but that is only like 2.5 days worth of supply. So I think the demand and speculation will still drive prices up.

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     4 years ago  

    Yeah the overall impact of the release, in terms of total market, is not a lot.

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