Cryptocurrency Hedera Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Hedera's (CRYPTO: HBAR) price has fallen 3.84% to $0.06 in the past 24 hours, continuing its negative trend over the past week with a 13.0% loss. The trading volume for the coin has fallen 63.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.18%. The current market cap ranking for HBAR is #31 at $1.94 billion.
August 22, 2023 | 7:00 pm
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NEGATIVE IMPACT
Hedera's (HBARUSD) price has fallen 3.84% in the past 24 hours, and 13.0% over the past week. The trading volume has also decreased by 63.0% over the past week.
The price of Hedera (HBARUSD) has been on a downward trend, falling 3.84% in the past 24 hours and 13.0% over the past week. This is likely to have a negative impact on the short-term price of the asset. The decrease in trading volume, which has fallen 63.0% over the past week, suggests a decrease in interest or confidence in the asset, which could further drive down the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100