Cryptocurrency Hedera Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Hedera's (CRYPTO: HBAR) price has decreased by 4.27% over the past 24 hours to $0.06, contrary to its performance over the past week where it experienced an up-trend of 9.0%. The trading volume for the coin has decreased by 9.0% over the past week, while the overall circulating supply of the coin has increased by 0.37% to over 32.56 billion. The current market cap ranking for HBAR is #31 at $1.88 billion.
August 10, 2023 | 3:00 pm
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Hedera's (HBARUSD) price has decreased by 4.27% over the past 24 hours. Despite this, it has seen a weekly uptrend of 9.0%. The trading volume has decreased by 9.0% over the past week, while the circulating supply has increased by 0.37%.
The decrease in price and trading volume could indicate a short-term bearish trend for HBARUSD. However, the increase in circulating supply could potentially lead to a price increase in the future if demand remains strong.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100