Bybit News: Chainlink (LINK) Rebounds Slightly Despite Recent Bearish Pressure

Chainlink Price Prediction for March 5

Over the past 24 hours, the price of Chainlink (LINK) rebounded from $13 to above $15. The fear/greed index is at level 39, indicating fear sentiment. Trading volume dropped by 9.2% to $744 million. LINK’s price has been declining since mid-December, falling from $31 to $15. In recent weeks, it faced bearish pressure after Bybit’s hack, touching $13. However, its market capitalization surged by 11.7% to $9.84 billion. LINK’s volatility surged toward 103% as it broke above a Fibonacci level.

Hedera (HBAR) Price Prediction for March 5

Over the last 24 hours, the price of HBAR has surged by around 5% toward $0.26, reaching a high of $0.2646. Trading volume has dropped 4.93% to $890 million. Looking back, HBAR’s price has been decreasing since December 3, with a heavy crash on February 3. Recently, the Bybit hack pushed the price toward $0.2. In the last 24 hours, Hedera’s market capitalization has grown by 5.4% to $10.64 billion. HBAR’s funding rate has become negative, and the price is aiming for a recovery rally toward $0.3 due to intense buying demand.