HBAR Advances 3% in Robust Recovery Rally Amid Market Volatility
Hedera’s native token, HBAR, rose by 3% over the past 24 hours, climbing from $0.22 to $0.23 amid significant trading activity, with volume exceeding 70 million tokens. This surge followed earlier lows of $0.21 and was bolstered by strong institutional demand as concerns regarding the U.S. government shutdown heightened investor interest in alternative assets. Trading volumes significantly outpaced the 39.85 million daily average, signaling renewed market engagement with HBAR. The cryptocurrency managed to breach key resistance levels, displaying bullish momentum as prices demonstrated an intraday volatility of 5.47%. In the final hour of trading, HBAR achieved a peak of $0.23, confirming solid support and heightened investor confidence despite broader market pressures.
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