Hedera HBAR Extends Losses as Crypto Markets Brace for Fed Decision
Hedera Hashgraph’s HBAR token declined for a fourth straight day, hitting its lowest price since April 22 amid a broad cryptocurrency market pullback. The 15% drop from last week’s high comes alongside a $100 billion reduction in total crypto market value.
Risk assets face growing pressure ahead of the Federal Reserve’s policy announcement, with traders expecting unchanged interest rates but closely watching forward guidance. Stock markets reflected similar caution, with both the Dow Jones and S&P 500 falling more than 0.5%.