Hedera drops alongside major altcoins as Federal Reserve's hawkish rate cut guidance triggers risk-off sentiment across crypto markets.
What's Happening:
Fed rate cut delivered but fewer 2026 cuts signaled than expected
$HBAR drops 2.41% to $0.126, among hardest-hit altcoins
Enterprise blockchain tokens feel macro pressure despite strong fundamentals
$0.12 support level now critical to hold
Why It Matters: Even enterprise-grade chains like Hedera aren't immune to macro headwinds. The Fed's hawkish surprise created a risk-off environment where higher-beta altcoins bear the brunt of selling pressure. Fundamentals remain strong but sentiment drives short-term action.
Technical View: $0.12 is the line in the sand. A hold here could spark a relief bounce; a break opens path to $0.11. Volume elevated during selloff suggests active repositioning rather than panic selling.
💡 Macro trumps fundamentals in the short term - patience rewards long-term holders
#HBAR #Hedera #FedRateCut #Altcoins #DYOR
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
