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HBAR recently broke out of its bearish pattern, can the bulls provoke an uptrend?

Bitcoin (BTC) has surged past $65,000 after facing intense selling pressure on Tuesday. BTC has displayed impressive strength, absorbing around 48,000 BTC sold by the German government and maintaining its upward price movement.

The world increasingly turns its attention to the potential of Central Bank Digital Currencies (CBDCs), Sweden's Riksbank is leading the charge by testing two prominent blockchain platforms, Algorand and Hedera, for its e-Krona project. This move marks a significant step in the journey toward a digital economy, aiming to enhance transaction efficiency while minimizing environmental impact.

Hedera Hashgraph's HBAR token finds itself at a critical juncture, with recent technical analysis suggesting either a substantial gain or a notable decline. This article dives deep into the factors at play, analyzing market movements, technical indicators, and the overall sentiment surrounding HBAR.

HBAR, the native cryptocurrency of the Hedera Hashgraph network, has witnessed a 31% price decline in the past seven days.

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HBAR price analysis: The price of Hedera Hashgraph fell by 5.9% in the last 24 hours to trade around $0.0708 during European business hours. The decrease in price comes after Bitcoin dropped below the $60,000 support level, inciting fear among market participants.

Bitcoin (BTC) is back in the red during the current session after failing to break past the $64,000 mark on Tuesday.

In the fast-paced world of cryptocurrency, time waits for no one as blockchain and crypto projects continue to develop. The second half of 2024 is set to be exciting for crypto enthusiasts and investors, as several innovative projects are expected to reach significant milestones in the coming months.

Chainlink saw a considerable spike in developer activity in June as the decentralized oracle network climbed into second spot behind Hedera, according to data by market intelligence platform Santiment.

Layer 1 altcoins experienced a significant correction in June, following Bitcoin's decline to $60,000. This downturn was largely driven by Bitcoin miners selling off to cover operational costs and significant outflows from U.S.-based ETFs.

While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain technology is a far more sustainable approach.

The latest update from Coinbase, one of the globally leading cryptocurrency exchanges, has recently caught worldwide attention. The crypto trading platform today announced that it is commencing trading for Render (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT) crypto tokens in New York, U.S. This announcement by the CEX promptly gained significant

Bitcoin (BTC) has registered a considerable decline over the past couple of weeks, dropping from $71,119 to its current price level of $62,356. Over the past week, the asset has fallen by nearly 6%.

Valour Inc. of DeFi Technologies partnered with The Hashgraph Association to introduce the initial Valour Hedera Exchange Traded Product (ETP) on the Frankfurt Stock Exchange.

The Hashgraph Association and DeFi firm Valour Inc. grabbed the attention of crypto investors with their latest partnership. The duo has joined forces to introduce the first Valour Hedera exchange-traded product (ETP), launched on 18 June in the Frankfurt Stock Exchange (FSX) at the closing bell ceremony.

In an unprecedented development that turned heads across the cryptocurrency space, DeFi Technologies' subsidiary Valour Inc. has recently collaborated with The Hashgraph Association to launch the world's first Valour Hedera (HBAR) ETP (Exchange Traded Product). At the closing bell ceremony in the Frankfurt Stock Exchange on June 18, the launch of an HBAR ETP was

It was a sea of red in the cryptocurrency market on Tuesday morning as most cryptocurrencies tumbled. Bitcoin, the biggest crypto in the world, plunged to $65,000, triggering a major sell-off in the altcoin industry. It has now plunged by over 11% from its highest level this year.

Hedera (HBAR) has witnessed a steady decline in its value in the past few weeks. In the past 30 days, its price has decreased by almost 10%.

The cryptocurrency market is booming, and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential. Due to recent crypto growth, these cryptocurrencies are expected to reach the top 20 in June.

New data from crypto analytics platform Santiment reveals that a layer-1 Ethereum (ETH) competitor is leading the industry in terms of development activity.

HBAR's current price action is crucial for traders looking to capitalize on long-term trends. The daily analysis highlights key support and resistance levels that could dictate future movements.

As the 2024 bull cycle unfolds, many investors are keen on finding the best crypto to buy for massive profits. Pepe, Uniswap, Hedera, and DTX Exchange are a few of the exciting alternatives.

With the broader market rally taking a small pause over the weekend, the uptrend in altcoins takes a pause as well. Amidst the slowdown, the HBAR price trend stands at a crossroads, as the price action shows a critical stage.