HBAR price dips 6.43% as volatility brews and CMF turns bearish

  • The Chaikin Money Flow is in negative territory, showing bearish capital flows.
  • Squeeze Momentum Indicator hints at upcoming price volatility.
  • Reclaiming $0.180–$0.188 may signal trend reversal, but outlook remains cautious.

HBAR has reversed its earlier gains this week, dropping 6.43% in the last 24 hours and settling at $0.1679. The altcoin’s short-lived rally of 13% failed to overturn a month-long downtrend.

hbar price
Source: CoinMarketCap

Investors remain cautious, with technical indicators now pointing towards sustained bearish pressure.

Key metrics like the Chaikin Money Flow and Squeeze Momentum Indicator suggest HBAR could face significant volatility ahead.

Unless buying interest returns quickly, the asset risks slipping further towards the $0.154 level in the near term.

Bearish CMF signals declining investor confidence

One of the clearest signals of HBAR’s faltering momentum comes from the Chaikin Money Flow indicator.

The CMF has now crossed into negative territory, suggesting that capital outflows are exceeding inflows.

This metric, which reflects buying and selling pressure, implies that investor confidence in HBAR’s short-term recovery is weakening.

Market participants are becoming increasingly cautious as trading volumes fail to support a rebound.

The earlier 13% price increase that briefly took HBAR out of its slump has been undone, with traders failing to follow through with sustained buying.

Without a shift in sentiment or a clear catalyst to spark demand, the coin’s price may remain under downward pressure.

At current levels, HBAR risks losing support at $0.163—a critical zone that, if breached, may result in steeper losses.

Squeeze momentum indicator shows volatility is incoming

Volatility is another major concern for HBAR. The Squeeze Momentum Indicator (SMI), which helps traders anticipate sharp price moves, has formed black dots over the past 48 hours.

This pattern typically suggests that a “squeeze” is developing, meaning a breakout—upward or downward—may be imminent.

As of now, the SMI bars remain red, reinforcing the bearish tone. However, traders are closely watching for a shift to green, which could signal a bullish reversal.

Until such a shift occurs, the indicator suggests that HBAR may continue to experience selling pressure.

The importance of this squeeze lies in its potential to trigger a large move in price.

Given the lack of current momentum and the negative readings from both CMF and SMI, the odds favour a downward move unless sentiment shifts decisively.

If the trend continues, HBAR could test lower levels around $0.154.

HBAR fails to recover from downtrend

The overall market structure for HBAR remains bearish.

Despite the temporary recovery earlier this week, the token has failed to exit the broader downtrend that has gripped it for over a month.

Price action shows a consistent inability to break past the $0.172 resistance level, a key point that analysts believe must be overcome for any bullish sentiment to return.

The next few trading sessions are crucial. A move above $0.172 would invalidate the current downtrend and may attract fresh buying.

In that scenario, HBAR could reclaim higher levels near $0.180 and potentially target $0.188.

However, without strong buying support, that outcome looks unlikely for now.

For now, the bearish indicators—negative CMF, red SMI bars, and failed breakout attempts—suggest that HBAR’s path of least resistance remains downward.

Unless the market sees renewed interest or a favourable external event, HBAR could continue facing headwinds in the coming days.

Key support and resistance zones to watch

HBAR’s immediate support lies at $0.163, a level that has held up in recent sessions.

A break below this threshold may expose the token to losses towards $0.154, intensifying the current downtrend.

On the upside, resistance remains at $0.172, followed by $0.180 and $0.188. Only a decisive move past these levels will mark a potential reversal and allow bulls to regain control.

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Stablecoins could top $2 trillion by 2028, says Treasury Secretary Bessent as US moves to regulate sector

  • The US stablecoins market represents 96% of the global $247 billion market.
  • The GENIUS Act cleared a key hurdle this week after passing a cloture vote in the US Senate.
  • Bessent told senators that stablecoins represent a “new mechanism” to reinforce the US dollar’s global position.

The US stablecoin market is heading for a regulatory overhaul that could drive its market size to more than $2 trillion by 2028, according to Treasury Secretary Scott Bessent.

His comments came during a Senate hearing on Wednesday as lawmakers advanced the bipartisan GENIUS Act, aimed at introducing strict guardrails for stablecoin issuers.

Bessent stated that regulation tied to US treasuries could significantly boost global usage of dollar-backed stablecoins and maintain American monetary leadership in an increasingly decentralised financial system.

GENIUS Act gains momentum in Senate

The GENIUS Act cleared a key hurdle this week after passing a cloture vote in the US Senate, signalling broad political support for introducing federal oversight of stablecoins.

The legislation, seen as pivotal in anchoring stablecoins to the existing financial framework, mandates full backing by US dollars or similarly liquid assets.

It also imposes annual audits for issuers whose market capitalisation exceeds $50 billion.

The bill contains specific clauses to oversee the activities of foreign-issued stablecoins within the US, underscoring concerns about monetary sovereignty and potential exposure to systemic risks.

It comes at a time when the US stablecoin market, valued at approximately $247 billion, accounts for over 96% of the global total.

President Donald Trump has reportedly endorsed the bill and is pushing to have it signed into law before the summer recess.

This aligns with the administration’s broader aim to secure the dollar’s role as the dominant reserve currency, particularly in the face of rising geopolitical competition and emerging alternatives to the greenback.

Treasury predicts long-term impact on dollar usage

Bessent told senators that stablecoins represent a “new mechanism” to reinforce the US dollar’s global position, particularly in cross-border trade and decentralised finance (DeFi).

He said the $2 trillion forecast was “very reasonable”, especially if regulation drives wider institutional adoption and trust.

His remarks follow ongoing warnings from economists about challenges to the dollar’s dominance, especially from Chinese-backed central bank digital currencies (CBDCs) and other tokenised alternatives.

However, Bessent noted that historically, the dollar has retained its reserve status by adapting to new financial architectures—a trend he expects will continue through the integration of regulated stablecoins.

He emphasised that “stablecoins backed by US treasuries will serve as the next pillar of dollar strength”, calling on lawmakers to act quickly so the US can lead in shaping this emerging market.

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Bitcoin Pepe price outlook as Swedish firms plans major BTC acquisition

  • Bitcoin’s expanding institutional adoption continues to anchor sentiment across the broader crypto market.
  • Bitcoin Pepe’s presale has raised more than $14.1 million.
  • The BPEP token is currently priced at 0.0416.

The global cryptocurrency market capitalisation fell 1.77% over the past 24 hours to $3.39 trillion, marking a technical pullback from recent highs that had acted as resistance.

The decline was likely driven by renewed geopolitical tensions in the Middle East, which weighed on broader risk assets.

However, the retreat is being seen as a temporary pause rather than a shift in trend.

Even as the broader crypto market cools following a strong rally, institutional adoption continues to deepen, with an increasing number of firms expanding their exposure to digital assets.

This trend is reinforcing Bitcoin’s status as a mature, institutional-grade asset — but also diminishing its appeal among investors seeking outsized, asymmetric returns.

As a result, early-stage tokens like Bitcoin Pepe are attracting renewed interest from risk-tolerant capital.

Improving sentiment across the crypto landscape is driving traders to pivot toward more speculative segments of the market.

In this environment, high-volatility assets such as Bitcoin Pepe are emerging as key beneficiaries of the shifting investor appetite.

Swedish firm raises funds to buy Bitcoin

Shares of Swedish health tech firm H100 Group AB surged 45% on Wednesday after the company announced it had raised 101 million Swedish krona ($10.6 million) to accelerate its Bitcoin treasury strategy.

H100 traded at 4.64 krona ($0.49) on the Nordic Growth Market, bringing its share price gain to 280% since it unveiled its Bitcoin strategy on May 22, according to MarketWatch data.

The latest capital raise significantly exceeds the firm’s previous $2.2 million funding round led by Bitcoin advocate and cypherpunk Adam Back on May 25.

The move underscores a growing trend among publicly listed companies globally that are adding Bitcoin to their balance sheets.

According to data from BitcoinTreasuries.NET, 126 corporate entities have now allocated Bitcoin, with 14 new firms joining in just the past three weeks.

Bitcoin Pepe is riding the broader bullish momentum

Bitcoin’s expanding institutional adoption continues to anchor sentiment across the broader crypto market.

At the same time, investor attention is rotating back to speculative corners of the ecosystem, with meme coins witnessing a renewed influx of capital.

Among the more prominent names is Bitcoin Pepe, which has set itself apart from typical meme tokens by combining viral appeal with infrastructure-level ambition.

Billed as an attempt to “build Solana on Bitcoin,” the project seeks to fuse Bitcoin’s base-layer security with Solana-style scalability.

As one of 2025’s most closely watched crypto presales, Bitcoin Pepe has raised more than $14.1 million ahead of a planned listing announcement on June 17.

Backed by a detailed technical roadmap, the team has also secured partnerships with Super Meme, Catamoto, and Plena Finance to broaden its Layer 2 ecosystem.

With speculative capital continuing to target early-stage opportunities, Bitcoin Pepe is looking to capture further momentum as it approaches the end of its token sale.

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