Bitcoin Pulls Ahead While Blurt and Hive Ride The Ripples

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·@esecholo·
0.000 HBD
Bitcoin Pulls Ahead While Blurt and Hive Ride The Ripples
As Bitcoin continues to grow tremendously, Hive and Blurt are being left behind but still are seeing impressive growth. Typically, it's nice to see the traditional cryptocurrencies making some gains—it translates to growth in altcoins against fiat currencies. This time, it's not helping out Hive and Blurt as it should have.


![image.png](https://files.peakd.com/file/peakd-hive/esecholo/AKCFhqVmS9i1141SdvaQMvzr1PQPTvE7XVsGpxMtsbyyLCmHL4VfUr9JBp8sewc.png)


Hive, to me, is undervalued; I have Hive at around $0.39, roaming a little under the 1k Bitcoin Satoshi mark (0.00001 BTC)—It's a fair value and not too optimistic. Currently, Hive is trading at $0.363, but against Bitcoin, it has fallen quite a bit over the past few months. Don't get me wrong, the value against the USD is still impressive, but it is trailing off against Bitcoin.

Blurt is undergoing a similar situation; the value against the USD is impressive, but it could be much better if the value was more stable and there was more buying pressure to lift it higher against the USD. Blurt should be around 13 Bitcoin Satoshis (0.00000013 BTC) or USD 0.0055.

I consider these to be a fair price, given the current circumstances of the market. It seems many investors are consolidating their cryptocurrencies into more secure crypto classics, like Bitcoin, Ethereum, and Litecoin. This is leading to some selling pressure against most altcoins. We're gaining against fiat, but Bitcoin is pulling ahead.
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