Greetings friends!

(pixabay free image)

I checked Hive and steem price and I was shocked to see that both the cryptos have done something unusual. Hive had dropped about $0.085 but it even crossed $0.12 price today. It was around 30% jump within a day.

Steem token was trading below $0.061 a few days ago. Now it is near $0.072 and even touched $0.073. This is a massive gain for both the cryptos. On the other hand there is no significant price rise in Bitcoin. It even dropped from the week's high.

What is happening with steem and hive? There has been a similar ups and downs in these cryptos. One up and other also goes up while on goes down and other also follows it. So, they are like entangled particles. They have common connection. I couldn't find the reason behind this sudden jump. Is this speculative so that once buyers come, profit may be booked or is this a genuine rise? I don't know. I am not bullish about these tokens. This may be a trap. This is another problem.

Thanks!