Hedera
Why Hedera is up 22.3% today
Analysis
Hedera (HBAR) rose 22.3% over the past 24 hours after it was highlighted as one of the few altcoins moving higher despite a broader market sell-off, with Bitcoin dropping below $83K. CryptoPotato reported that HBAR (along with QNT) βdefiedβ the wider altcoin downturn, drawing attention and likely contributing to stronger relative demand during the session.
Contributing Factors (1)
QNT and HBAR Defy Altcoin Crash, BTC Drops Below $83K: Market Watch
UNI, RAY, and ARB lead on the way south today, while BCH and DASH are closeby.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.