HBAR, the native cryptocurrency of the Hedera network, fell by 6.29% from $0.24 to $0.22 over a 23-hour period ending September 22. This decline was marked by heightened volatility and significant institutional selling, with trading volume reaching 137.11 million, nearly three times the daily average.
The selloff peaked at midnight on September 22, but a late rally saw HBAR recover 1% as bulls briefly pushed the price above $0.22. This recovery was driven by a 6.21 million volume spike. However, trading activity sharply declined to zero in the final minutes, indicating a temporary market pause.
HBAR Drops 6% Amid Surging Volume, Briefly Recovers 1%
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