DEC and SPS Higher Jan 26

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There was some fear overnight in regards to president Trumps nomination for the next Fed chairman. The premise is Trump's selection is a hawkish fed which means he likes pushing rates higher. Higher will also limit overall market lending in turn lower financial activities. As a whole it would weaken market prospects.

So why would Trump want a hawkish fed when he prefers lowering rates? Government is trying to balance out the value of the dollar around the globe. With a weaker dollar they can trade more but too weak of a dollar it would expose the country to excessive inflation. In recent days metals markets have been rising dramatically and with that the appearance of a weaker dollar. I personally believe Trump is nominating hawkish fed to make the impression of a stronger dollar and drag down commodities. The down draft is pulling the equities markets and also crypto markets.

With all that being said Hive price have fallen to a yearly low.

It is now under $0.09 per Hive but DEC and SPS has been ramping up relative to Hive and continues to do so. With that I sold more of my card collection to swap into more Hive.

I am hoping I can sell a few more in time where Hive is still at this price. Not sure how long Hive will stay at this price but I am doing my part to accumulate more.

Thanks for reading this post.

hive-167922 archon ctp neoxian oneup hive-engine life hive lifestyle inleo
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In a way, I think everything is tied to BTC, and it's not going so well lately. I just haven't seen any big factors pushing BTC, and we already have the ETFs. Let's hope Hive does go up.

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I am hearing lack of liquidity is causing BTC to go down. A lot of is going to chasing metals. Once older generation is gone BTC will be in demand and soar. I hope I can accumulate enough before it moons.

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