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HBAR has experienced a consistent decline, and the price continues to move downward despite traders' optimism for a potential recovery. The altcoin, which has faced downward pressure in recent weeks, has not yet found a solid support floor.
Hedera (HBAR) has been trading below the $0.20 mark for the past week. The persistent downtrend has kept the token under pressure, as both technical indicators and price action suggest a cautious market environment.
The three year-hiatus from the $0.55 checkmark could be done & over with if HBAR ETF comes in effect.
HBAR, the native crypto token of the Hedera network, has recently attempted a recovery rally, but the price lacks the support needed to maintain its upward momentum.
Hedera remains under heavy pressure, marking yet another day of decline as traders continue to bet against the altcoin. It trades at $0.18 at press time, noting a 2% price drop over the past 24 hours.
HBAR has recorded its first spot inflow in the past seven days, attracting $1.5 million in fresh capital.
Here is how some of your favorite assets concluded the week.
The crypto market today held steady as investors remained optimistic that the worst is now behind us. This hope rose after stocks and crypto prices surged on Friday, with the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 rising by over 1.5%.
Hedera (HBAR) has been experiencing a continued downtrend in price despite the broader market showing a bullish macro outlook. However, the short-term market conditions indicate that HBAR could face further declines in the coming days.
Hedera (HBAR) has dropped nearly 20% in the past seven days, but in the last 24 hours, it has rebounded by almost 5%, signaling a potential trend shift. While the broader trend remains bearish, key indicators suggest that buying pressure is increasing, and a reversal could be forming.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
The SEC acknowledged Nasdaq's filing for Grayscale's HBAR Trust ETF, signaling growing institutional interest in Hedera and potentially paving the way for broader adoption of regulated crypto investment products. The post SEC Acknowledges Nasdaq Filing for Grayscale's HBAR Trust ETF appeared first on Cryptonews.
Avalanche (AVAX) was also a top performer, rising 4.2% from Tuesday.
The United States Securities and Exchange Commission has officially acknowledged Nasdaq's proposal to list and trade shares of the Grayscale Hedera Trust.
The cryptocurrency industry stabilised on Wednesday morning as some investors moved in and bought the dip. Banana Gun (BANANA) rose by over 42% to $15.7, bringing the seven day gains to 10%. Onyxcoin (XCN) token jumped by 17.15% to $0.01352, while Hedera Hashgraph (HBAR) jumped by 7% to $0.20.
On March 11, the U.S. Securities and Exchange Commission (SEC) acknowledged Grayscale's proposal to list its Hedera ETF on Nasdaq.
The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's application to list a Hedera (HBAR) ETF on the Nasdaq stock exchange. This step marks the beginning of a 21-day public comment period, after which the SEC will decide whether to approve, disapprove, or proceed with further review.
The SEC's acknowledgment of the Hedera HBAR ETF filing may indicate a growing acceptance of crypto investment products, potentially influencing future regulatory decisions. The post SEC acknowledges Hedera HBAR ETF filing from Nasdaq, Grayscale appeared first on Crypto Briefing.
Hedera's native token, HBAR, has recorded another day of losses, sliding 7% in the past 24 hours. At press time, the altcoin trades at $0.19.
Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP) are five of the most important Made in USA cryptos to watch this week. While IP has been the best-performing of the group in the last month, it is now undergoing a sharp correction, similar to ONDO, which has dropped over 22% in the past seven days.
The Cayman Islands has attracted a number of large crypto companies and foundations, and these new regulations will impact their operations. The post Cayman Islands Introduces New Crypto Licensing, How Will This Affect HBAR, SUI and ARB? appeared first on Cryptonews.
Digital assets continue to weaken as Bitcoin hints at potential dips toward $70K. While altcoins witnessed significant losses, Hedera (HBAR) seemed to suffer the most. HBAR has lost more than 20% within the past seven days, and the declining demand signals more trouble for the altcoin.
Hedera's HBAR has witnessed a sharp decline in price over the past week. Exchanging hands at $0.21 at press time, the token's value has plummeted by 17% during that period.
Hedera (HBAR) has delivered on breakout expectations with a 5.26% surge today, backed by a $650 million volume spike—a $10 valuation back in focus. The post $10 HBAR Incoming? Hedera Gains 5% as Volume Surges Past $650M appeared first on Cryptonews.
