Hedera’s HBAR price dropped to $0.130, down over 18% in a week, breaking a crucial support level. With a 0.97 correlation to Bitcoin, HBAR closely mirrors BTC’s movements, exacerbating losses. Capital outflows from HBAR signal bearish sentiment, potentially pushing the price lower. Recovery hinges on regaining support levels above $0.133.

Read more at Yahoo Finance: HBAR Price Falls 18% A Week After Losing Its Month-Long Support