Cryptocurrency Hedera Rises More Than 5% In 24 hours

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Hedera’s HBAR/USD price has increased 5.08% over the past 24 hours to $0.07, which is in the opposite direction of its trend over the past week, where it has experienced a 23.0% loss, moving from $0.09 to its current price. As it stands right now, the coin’s all-time high is $0.57.

The chart below compares the price movement and volatility for Hedera over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 128.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.3%. This brings the circulating supply to 21.08 billion. According to our data, the current market cap ranking for HBAR is #38 at $1.44 billion.

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This article was generated by Benzinga’s automated content engine and reviewed by an editor.