Reported about 5 hours ago
Hedera (HBAR) faces continued downward pressure as investor confidence wanes, heavily depending on Bitcoin's recovery to reverse its fortunes. The strong correlation between HBAR and BTC suggests that the altcoin's performance is closely tied to Bitcoin's movements. Currently trading at $0.167, HBAR seeks to breach resistance levels, with potential for upward movement if Bitcoin maintains its strength. However, persistent bearish sentiment could lead to further declines.
Source: YAHOO