Cryptocurrency Hedera Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Hedera (HBAR) has seen a 5.77% price drop in the past 24 hours, despite a 7.0% uptrend over the past week. Trading volume has increased by 15.0%, and the circulating supply has grown by 0.1%. The current market cap is $2.57 billion, ranking it #39.
July 18, 2024 | 7:01 pm
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Hedera (HBAR) has experienced a 5.77% price drop in the past 24 hours, contrasting with a 7.0% uptrend over the past week. Trading volume has increased by 15.0%, and the circulating supply has grown by 0.1%. The current market cap is $2.57 billion, ranking it #39.
The 5.77% price drop in the past 24 hours is a significant short-term negative indicator for Hedera (HBAR), despite the positive weekly trend. Increased trading volume and circulating supply growth are positive signs but may not offset the immediate price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100