According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, HBAR (Hedera) is trading at $0.15, up 12.87% in the past 24 hours, with a high of $0.15 and a low of $0.13. The current market capitalization is approximately $6.318 billion, an increase of $720 million compared to yesterday.
Hedera is a public network governed by a council of leading global institutions, dedicated to providing a fast, secure, and compliant infrastructure for decentralized applications. Hedera leverages innovative hashgraph consensus technology to power decentralized applications without compromising speed, efficiency, or security. As the only public network managed by known institutions, Hedera’s unique governance framework delivers robust decentralization, unmatched transparency, and trusted decision-making.
Recent key news about HBAR:
1️⃣ Market Sentiment Recovery Drives HBAR Price Up
HBAR’s price has risen significantly by 12.87% over the past 24 hours to $0.15. This increase reflects improved overall sentiment in the cryptocurrency market, with investors remaining optimistic about the development prospects of the Hedera ecosystem.
2️⃣ Increased Activity on the Hedera Network
There has been a recent uptick in transaction activity on the Hedera network, likely due to more developers and enterprises building and deploying applications on the Hedera platform. Increased network usage helps support the value of HBAR.
3️⃣ Technical Breakthrough Drives Buying
HBAR’s price has broken through key technical resistance levels, triggering a wave of buying. From a technical analysis perspective, this breakout may attract more investor attention, further driving the price upward.
From a technical standpoint, HBAR is currently in an uptrend and may continue to test higher price levels in the short term. However, given the high volatility of the cryptocurrency market, investors should remain cautious and be mindful of potential pullback risks.
This information does not constitute investment advice. Investment involves risks due to market volatility.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Coin Price at All-Time Low: Only If This 33% Crash Pattern Is Validated
The crypto market has shown an upward trend recently, primarily driven by significant Ethereum buying that may reverse a week's price correction, along with attention on specific meme coins for upcoming investments.
BeInCrypto7m ago
Why Has Bitcoin Risen Instead of Falling Since the Middle East Conflict?
Middle East geopolitical tensions are intensifying, leading to asset divergence in global financial markets. Recently, gold prices have pulled back significantly, while Bitcoin has surged 7% against the trend, demonstrating its characteristics as an emerging safe-haven asset. The holding costs of gold have increased in a high interest rate environment, prompting investors to shift toward Bitcoin with greater liquidity, marking a shift in consensus around traditional safe-haven assets. Bitcoin has become an important tool for hedging risk and may redefine safe-haven assets.
金色财经_9m ago
Hyperliquid Price Consolidates After a 70% Surge as DEX Market Share Hits 44%
Bittensor shows potential for a 115% move as buyers accumulate TAO, while SIREN price rises alongside growing concentration risks. Oil prices exceed $110 amid reduced market participation and warning signals from bond yields.
BeInCrypto10m ago
Why Did the Crypto Market Rise Today? Trump Releases Easing Signals, Bitcoin Stands Above $70,000
On March 24th, the cryptocurrency market rebounded as Bitcoin's price rose from $68,000 to $71,000, influenced by Trump's suspension of plans for strikes against Iran. Crude oil prices fell, easing inflation concerns, and the market's total size rebounded to $2.39 trillion. Bitcoin is currently around $70,500 but facing short-term resistance. Japan's Liberal Democratic Party is promoting an AI financial framework, while the Balancer ecosystem is entering an adjustment phase. FET price showed a slight increase, indicating the recovery of short-term buying interest.
GateNews12m ago
Bitcoin and Gold Correlation Falls to Three-Year Low, Historical Data Suggests March Bottom Reached
As the correlation index between Bitcoin and gold drops to -0.9, analysts believe this indicates Bitcoin may be entering a sideways consolidation phase. The 70% retracement level aligns with historical bear market bottoms, suggesting Bitcoin could be forming a new bull market. Additionally, increased whale holdings in the crypto market and macroeconomic data will influence Bitcoin's future direction.
MarketWhisper18m ago
3 Meme Coins To Watch In The Final Week Of March 2026
The crypto market shows signs of recovery, notably highlighted by a significant $1.8 billion Ethereum purchase that may reverse a recent 9% price drop. Additionally, attention is drawn to three altcoins to monitor as March 2026 concludes.
BeInCrypto18m ago
