Web Analytics
The Defiant
2025-04-08 19:33:41

Fake Nvidia, Hedera Partnership News Sends HBAR's Market Cap up $2B

Following what turned out to be fake news of a partnership between Hedera and Nvidia, HBAR — the native asset of the Hedera network and a top twenty cryptocurrency by market cap — experienced an over 30% price surge, with the price peaking today, April 8. Starting yesterday, after dipping sharply to $0.126, the price of HBAR rallied to just over $0.16, while its market cap grew $2 billion, increasing from $5.3 billion to near $7 billion, according to CoinGecko data . HBAR has been trading sideways around $0.16 for the past week, before dipping and sharply rallying April 7-8. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.