BMR for 17th Nov 2021 - The wild ride continues

Well, we are there, $1.00 Hive and then some. Enough said. I was going to go on about will it stay or not but I won't. Enjoy the moment.

Because only the buyers are enjoying the moment with Bitcoin.

CUB: $0.6216 down 3.63%

Chia: $145.98 up 0.52%

Why Bitcoin, Ethereum, and Solana Are All Crashing Today.

"We are also seeing the dollar strengthen versus other fiat currencies, and it appears to be strengthening versus cryptocurrencies as well. The dollar is strengthening in part because interest rates are rising, which could help slow inflation. But if investors own Bitcoin or another cryptocurrency as a hedge against inflation, rising rates and a rising dollar could cause them to unwind that trade.

This is where investors with a long-term view of the cryptocurrency industry should stay focused on why they're bullish on crypto and not just price movements. Nothing about the industry has fundamentally changed today, except prices are down versus the U.S. dollar, which is normal volatility for cryptocurrencies today. "

Some sage advice from Travis Hoium.

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Have a great day all.

Bradley

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