I read a post on Leo finance not to long about the quarterly report of bitcoin prices, and I noticed it is usually during the Q3 that the market slows down with lots of bearish movements. I am wont to think that this could be a pattern that reflects or gives insight into the inflation other crypto projects in this case hive is experiencing now.
From the report, maybe by the Q4 things will start looking better.
RE: Hive Inflation for July 2024 | Running Hot for a Second Months in a Row!