The price of Hive (HIVE) has shown some short-term volatility, which is common in the cryptocurrency market.
According to recent data (around the current date of October 2025):
Current Price: The price is hovering around $0.13-$0.14 per HIVE.
Weekly/Monthly Trend: Overall, there has been a price decline over the past week and, more markedly, over the past month and year. For example, some sources indicate a drop of approximately -0.64% over the past 7 days and a drop of approximately -30% over the past month.
Relevant Factors and News (that could influence the price):
It's important to note that HIVE's information can sometimes be mixed with that of HIVE Digital Technologies Ltd. (HIVE on NASDAQ), a Bitcoin mining company with a similar ticker symbol, so it's crucial to differentiate:
Overall Crypto Market Sentiment: HIVE's price often follows the movement of the broader cryptocurrency market, including Bitcoin. If Bitcoin and the broader market are down (as reported in some recent crypto news), this can drag down HIVE's price.
Trading Volume: A 24-hour trading volume of around $1.5 to $3.8 million is observed, indicating market activity.
Long-Term Projections (Cautionary): Long-term price predictions vary, with some analysts (such as DigitalCoinPrice and Binance) projecting a gradual increase over the next few years, potentially reaching higher values by 2027 or 2030 (although these projections should be taken with a grain of salt).
Hive (the blockchain/crypto) Specific Developments: HIVE's (the cryptocurrency) price movements are tied to the activity of the blockchain itself and its social and Web 3.0 application ecosystem.
In short, HIVE has been experiencing downward pressure in the short and medium term, potentially reflecting a broader bearish trend in the cryptocurrency market.
Posted using LasseCash
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