TipRanks
2022-08-22 17:43:40

Why Hive Blockchain (NASDAQ:HIVE) Stock Presents an Attractive Opportunity

Despite bitcoin (BTC-USD) and altcoins being in a bear market, there are attractive investment opportunities in the space, as blockchain adoption is increasing. In the last bull market, bitcoin miners surged, with these companies planning big ramp-ups in hashing capacity. The subsequent correction has been equally sharp. Among the upcoming players, I'm bullish on Hive Blockchain (HIVE). The current price tag on HIVE looks attractive, considering the company's growth prospects. The Worst Seems to be Over for Bitcoin It's important to note that bitcoin is still in a phase of price discovery. This period will be associated with high volatility.

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