Cryptocurrency Hedera's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Hedera's cryptocurrency (HBAR) has seen a 5.78% increase in price over the past 24 hours, reaching $0.08, and an 11.0% gain over the past week. The coin's all-time high is $0.57. Trading volume has risen by 13.0%, and the circulating supply has grown by 0.66% to 33.58 billion, which is 67.15% of the max supply. Hedera is currently ranked #31 by market cap at $2.61 billion.
December 13, 2023 | 7:00 pm
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Hedera's cryptocurrency, HBAR, has experienced a significant price increase of 5.78% in the last 24 hours and an 11% increase over the past week, with a rise in trading volume and circulating supply.
The positive price movement of HBAR, accompanied by an increase in trading volume, suggests strong market interest and could lead to continued short-term bullish behavior. The increase in circulating supply is typically a negative factor, but the market is currently responding positively, as indicated by the price increase.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100