Hedera HBAR News: Price Surge and Trading Volume Jump

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]

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Hedera has recently experienced a notable price increase, peaking at $0.4 with a gain of almost 10%. Additionally, its trading volume has escalated by 88.7%, reaching $2.66 billion. Although the price briefly touched $0.401, it struggled to maintain this level consistently. Looking at a broader time frame, Hedera's price dipped below $0.39 on December 3rd and has been on a general downtrend since. However, after stabilizing in the range of $0.23 to $0.25, the cryptocurrency has started to rebound, averting further declines. This rebound has resulted in a 9.7% increase in its market value, which amounted to $14.37 billion in just one day. Furthermore, HBAR recorded an open interest of $517 million, with balanced buying and selling activities in the last 24 hours.