Cryptocurrency Hedera Falls More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Hedera (HBAR) has experienced a 5% price drop in the last 24 hours, continuing a week-long decline of 15%. Trading volume has increased by 19% over the past week, while the circulating supply slightly decreased. Hedera's market cap is ranked #48 at $1.90 billion.
October 03, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hedera's price has dropped 5% in the last 24 hours, continuing a 15% decline over the past week. Increased trading volume suggests heightened interest or volatility.
The 5% drop in Hedera's price over the last 24 hours, along with a 15% decline over the past week, indicates a negative trend. The increase in trading volume by 19% suggests heightened market activity, possibly due to volatility or investor reactions to the price drop. This is likely to impact short-term price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100