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Hedera's HBAR Faces Potential Price Crash Amidst Critical DeFi TVL Decline

Hedera's HBAR Faces Potential Price Crash?

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

The price of Hedera's native token, HBAR, is under pressure, facing a potential significant downturn. This comes as a crucial metric for its decentralized finance (DeFi) ecosystem, the Total Value Locked (TVL), has plummeted to critical lows not seen since early July. Technical indicators also suggest a bearish outlook for the cryptocurrency.

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