What is Hedera Hashgraph? HBAR crypto explained
The Internet is a big world; every country represents a digital ledger. Most of these ledgers are blockchains but most have ‘slow economies'.
Keep up with what's happening in the crypto world in real-time.
The Internet is a big world; every country represents a digital ledger. Most of these ledgers are blockchains but most have ‘slow economies'.
Hedera Hashgraph price rally has stalled this month after surging by over 823% between Nov. 5 and Dec. 3. Hedera Hashgraph (HBAR) was trading at $0.32, up by 650% from its lowest level last month.
The day has been relatively rough for the broader crypto market, as the total market cap of the business declined by 1.47% to $3.6 trillion over the past day. Amidst the slump, the trading volume too went reddish by 10.71%, taking the numbers to $194.73 billion.
Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.
Hedera's native cryptocurrency, HBAR, experienced an 8% increase over the past 24 hours, marking a brief recovery following a dip from its recent three-year high of $0.39. Despite this uptick, the broader market rally has failed to offset underlying negative sentiment and declining momentum, suggesting that HBAR's path forward may be far from certain.
HBAR, the native cryptocurrency of the Hedera Hashgraph network, has surged by 8% in the past 24 hours. This rebound follows a few days of decline after the altcoin reached a three-year high of $0.39 on December 3.
As it turned out by December, the trick to making it big in the 2024 cryptocurrency market was no tougher than buying all but the shadiest of meme coins and tokens as the year featured a massive bull run.
Hedera Hashgraph (HBAR) has been struggling to maintain upward momentum, with its price recently dipping by 23% over the past week.
Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.
The cryptocurrency market is abuzz with a new trend: the resurgence of "dino coins"—legacy cryptocurrencies that have weathered the storms of multiple market cycles.
Not every cryptocurrency has pumped like Hedera in the past few weeks. The HBAR token has been riding a wave of bullish momentum as Bitcoin breaks the much-anticipated $100k mark.
Hedera's native cryptocurrency, HBAR, has garnered the interest of investors and cryptocurrency aficionados due to its remarkable recent performance and increasing prominence in the blockchain sector. Related Reading: Ethereum Surge Coming?
Unlike previous weeks, the price of Hedera (HBAR) has decreased by nearly 17% in the last seven days. While many holders hope that this HBAR price decline is temporary, several indicators suggest that the altcoin may still drop lower.
Hedera (HBAR) price has surged more than 506% in the last 30 days, reaching a market capitalization of almost $12 billion. However, despite this impressive rally, the uptrend appears to be losing steam.
HBAR bulls pull off robust weekly gains but the demand wave could be fizzling out. Here's a recap of its performance and Hedera network activity.
Here is how some of your favorite assets concluded the week.
Hedera rose to a three-year high of $0.369 on Dec. 7 gaining over 120% in the last seven days while bringing its market cap to over $12.78 billion.
Bitcoin's price soared to a new all-time high this week, surpassing the eagerly awaited $100,000 mark, which led to a significant surge in the altcoin market. This surge followed a slight dip in Bitcoin's value, creating a rush among investors to switch to altcoins.
Hedera (HBAR) open interest has hit a new all-time high following its 600% price increase in the last 30 days. This rise signifies the highest trader interaction with the token since its inception.
HBAR is the top gainer from the larger-cap alts today.
Hedera (HBAR) has had a turbulent ride in the market recently, with its price dropping by 8.29% to $0.3163. However, despite this downturn, strong positive sentiment remains, especially fueled by Hedera's partnership with SpaceX.
Hedera Hashgraph's native cryptocurrency, HBAR, has recently captured the market's attention with a remarkable surge in price. Over the past month, HBAR has seen a striking increase, soaring by nearly 9x from $0.04 to $0.35.
Story Highlights The HBAR price rally comes to a halt with a strong bearish reversal this week. Positively, the technical indicators SMA & MACD continue recording bullish sentiment, hinting at a potential reversal. The HBAR altcoin is currently trading at a discount of 46.71% from its ATH of $0.5701.
The altcoin market is experiencing an exceptional growth phase, which excites investors and raises caution among analysts. In recent weeks, several cryptos, including Hedera, Cardano, and XRP, have seen their value skyrocket by over 250% in just one month.