Cryptocurrency Hedera Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Hedera's (CRYPTO: HBAR) price has decreased by 3.34% over the past 24 hours to $0.06, contrary to its performance over the past week where it experienced an up-trend of 6.0%. The trading volume for the coin has risen 2.0% over the past week, while the circulating supply has decreased 0.19% to 32.56 billion, making up an estimated 65.12% of its max supply of 50.00 billion. The current market cap ranking for HBAR is #31 at $1.83 billion.
August 11, 2023 | 7:00 pm
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Hedera's (CRYPTO: HBAR) price has decreased by 3.34% over the past 24 hours. Despite this, it has seen a weekly uptrend of 6.0% and an increase in trading volume of 2.0% over the past week.
The decrease in price over the past 24 hours, despite the uptrend over the past week and the increase in trading volume, could potentially indicate a short-term bearish trend for HBAR. However, the overall uptrend and increased trading volume could also suggest a potential recovery in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100