Zach Anderson
Nov 01, 2025 11:40
Hedera’s price faces a downturn, dropping 12% amid ETF inflows and market sell-off, despite significant interest from investors.
The price of Hedera (HBAR) has experienced a notable decline, despite ongoing inflows into exchange-traded funds (ETFs) related to the cryptocurrency. This downturn comes as the token failed to maintain its momentum after hitting a significant resistance level, according to CoinMarketCap.
Price Correction Amid Market Sell-Off
HBAR’s value has seen a correction, falling by 11% from its recent peak this week. The token’s price dropped to $0.1965, marking a 12% decrease from its highest point this week and a sharp 50% fall from its year-to-date high.
The decline is largely attributed to a broader market sell-off triggered by the Federal Reserve’s recent hawkish stance on interest rates. The decision has intensified a sell-off across various cryptocurrencies, impacting HBAR significantly.
ETF Approval Hype Fades
Despite the promising inflows into HBAR-related ETFs, the cryptocurrency’s price is struggling to gain traction. Investors seem to be offloading their positions following the initial excitement surrounding the ETF approval, a phenomenon often observed in financial markets where assets are bought ahead of major announcements and sold off once the news is confirmed.
Technical Indicators Point to Further Decline
Technical analysis suggests that Hedera’s price might continue to face downward pressure. The supertrend indicator, a tool used by traders to gauge the direction of an asset’s price movement, signals potential further declines for HBAR.
Market analysts note that while ETF inflows indicate strong interest and potential long-term growth for Hedera, the immediate market conditions and investor sentiment are overshadowing these positive developments.
For more detailed information, visit the original article on CoinMarketCap.
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