🔘 Hedera ($HBAR) price drops toward $0.10 despite McLaren F1 partnership
Hedera’s price fell alongside other cryptocurrencies on Friday, reaching intraday lows near $0.10.
After seeing a sharp decline on January 19, HBAR rebounded slightly to around $0.115.
However, sell-off pressure across the risk assets market has pushed bulls into the woods to leave the brief upside as a mask of a likely deeper rot.
It’s an outlook mirrored across the altcoin ecosystem as Bitcoin struggles below $90,000.
Due to profit-taking amid macroeconomic and geopolitical headwinds, BTC has touched lows of $87,700 an