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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 over 3 weeks ago

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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