Cryptocurrency adoption has continued to increase at a healthy pace. Within the regulated arena, cryptocurrency stocks provide a good investment option. HIVE Blockchain Technologies (HVBT) is a small-cap crypto miner, that looks attractive at current levels of $3.45. Given recent business developments, HVBT stock might trend higher from current levels. I am bullish on the stock. (See HVBT stock charts on TipRanks) Bitcoin Volatile, but Crypto Adoption Increasing Bitcoin seems similar to a very high-beta stock in terms of volatility. The cryptocurrency surged to highs of $64,800 in April 2021. However, with China banning crypto mining, a sharp correction followed.
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HIVE Blockchain Technolo... (NASDAQ:HIVE)
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HIVE Blockchain Technolo... (NASDAQ:HIVE)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more HIVE Blockchain Technolo... Charts.