HBAR has declined by 4.3% as institutional selling has breached a crucial support level. This downturn reflects a significant shift in market dynamics for the cryptocurrency. Institutional investors play a vital role in the cryptocurrency market, and their selling activity can lead to notable price movements. The breaking of key support levels often signals a loss of confidence among traders, potentially leading to further declines. Analysts will be closely monitoring HBAR’s performance to assess the impact of this selling pressure on future price trends.
