Hedera
Why Hedera is up 7.1% today
Analysis
Hedera (HBAR) rose 7.1% over the past 24 hours alongside a broader altcoin bounce, as market participants rotated into select alts during the upswing. Decrypt specifically highlighted Hedera as one of the tokens “jumping” amid this rebound, tying the move to renewed interest and flows in the altcoin market.
Contributing Factors (1)
Aster, Hyperliquid, Hedera Jump Amid Altcoin Bounce
Altcoins are posting gains as the crypto market cap ticks up—but experts warn structural trend reversal remains elusive.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.