Hedera (HBAR) Bleeds $17 Million in Outflows, Threatening $0.20 Support
Over the past week, Hedera has recorded steady outflows from its spot market, signaling a lack of confidence among market participants.
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Over the past week, Hedera has recorded steady outflows from its spot market, signaling a lack of confidence among market participants.
Hedera (HBAR) has seen a modest recovery, briefly climbing above $0.21 in the last 24 hours. However, the cryptocurrency remains under pressure following a significant 40% correction over the past month.
The market condition has changed recently, allowing several cryptos to register greens on their charts. Hedera (HBAR) price was one of them as it pumped by over 6% in the last 24 hours alone.
Hedera (HBAR) has climbed above $0.21 in the last 24 hours. However, it is still attempting to recover from a 40% correction over the past 30 days.
Coinbase adds Solana and Hedera futures, as SEC reviews Solana ETF applications, potentially shaping future crypto market trends.
Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera while the SEC reviews spot crypto ETF applications under new leadership that may change traditional approval requirements.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
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Coinbase exchange has unveiled CFTC-regulated futures for Hedera and Solana. The launched offerings have introduced more crypto products to institutions in the U.S. market.
HBAR bulls should remain cautious. Long trades would be against the trend, riskier, and favorable for scalpers.
Coinbase's derivatives arm said that it now offers CFTC-regulated futures contracts covering Solana and Hedera.
Hedera (HBAR) is attempting a recovery after experiencing a significant 40% price correction over the past 30 days. Despite ongoing bearish indicators, there are signs that selling pressure may be easing.
New Solana and Hedera futures launched by Coinbase derivatives
Hedera (HBAR) has faced a continuing drawdown, with a brief stop last week when the altcoin entered a period of consolidation. Despite this, the overall trend remains downward, and traders are beginning to change their stance.
Hedera (HBAR) price is attempting to recover after a steep 40% correction in the last 30 days. While the downtrend remains intact, indicators suggest that selling pressure may be easing.
Hedera (HBAR) has recently experienced a 5% dip, continuing its challenging month-long trajectory. The cryptocurrency has now seen a 22% decline over the last 30 days, with its market capitalization falling to $8.5 billion.
Since the beginning of February, Hedera Hashgraph's native token HBAR has been trading in a tight range, mirroring the broader market consolidation over the past few weeks.
Hedera (HBAR) price has dropped 5% in the last 24 hours, with an overall 22% correction in the past 30 days. Its market cap is now at $8.5 billion.
HBAR price has slipped from its highest level this year, aligning with most altcoins. It has dropped by over 40% from the YTD high and is still pointing downwards.
Hedera Hasgraph's HBAR has been caught in the broader market downtrend, shedding 10% of its value in the past 24 hours. At press time, the altcoin trades at $0.22.
The price of Hedera (HBAR) has recently experienced a significant downturn, falling by 40%, raising concerns among investors. Despite this sharp decline, the cryptocurrency has shown signs of resilience, holding steady above the crucial support level of $0.228.
Crypto prices crashed on Wednesday morning as traders waited for the upcoming US inflation data. Bitcoin crashed below the key support at $95,000, while the market cap of all crypto coins fell to $3.15 trillion. This report provides the forecasts for top cryptocurrencies like BNB, Hedera Hashgraph (HBAR), and Jupiter (JUP).
Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.
HBAR has recently experienced a sharp 40% price crash, raising concerns among investors. Despite this significant downturn, the altcoin has demonstrated resilience, holding above a critical support level of $0.228.