HBAR handles itself well amid market turmoil: Here are potential reasons why

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HBAR defied gravity to maintain an upside when the market turned bearish. Hedera’s NFT segment was heating up, with a special focus on the African market. The crypto market has responded to the SEC’s latest push against crypto staking by lending favor to the bears. Most of the top cryptocurrencies were discounted in the last […]

Hedera’s NFT segment was heating up, with a special focus on the African market.

The crypto market has responded to the SEC’s latest push against crypto staking by lending favor to the bears. Most of the top cryptocurrencies were discounted in the last 24 hours. However,Is your portfolio green? Check out the The global crypto market cap was down by 4.02% in the last 24 hours, confirming the bearish outcome courtesy of the SEC’s anti-staking sentiments. Meanwhile, HBAR managed a 7.2% rally during the same period.Thus, HBAR might break above the press time resistance level, especially if the rest of the market recovered.Hedera has made multiple announcements this week, notably the launch of a new metaverse fund worth $1 million through the AfroFuture DAO.

 

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