Hedera (HBAR) Open Interest Jumps 51% as Price Rally Eyes $0.30 Milestone

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-14 07:12:13

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera's HBAR token has sparked a bullish surge, with trading volume skyrocketing 300% to $2.94 billion and open interest climbing 51% to $454.44 million. The cryptocurrency currently trades at $0.2596 after a 26% daily increase and a 58% weekly gain, breaking through key resistance levels.

Institutional interest grows as Hedera Council member Australian Payments Plus participates in the Reserve Bank of Australia's Project Acacia, a wholesale tokenization effort. Technical indicators show strong upward momentum, albeit in overbought territory, with traders targeting the $0.30 psychological barrier.

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