CoinDesk
2025-10-09 16:23:07

HBAR Tumbles 5% as Government Shutdown Delays Critical ETF Approvals

Hedera Hashgraph’s HBAR token fell nearly 5% from $0.22 to $0.21 between Oct. 8 and 9 as institutional caution deepened amid ongoing regulatory uncertainty. Volatility surged to 5.4%, with heavy selling between 01:00 and 08:00 on Oct. 9 pushing volumes above 100 million units per hour. Analysts cited strong resistance at $0.22 and institutional support near $0.21 as key technical levels. The final hour saw accelerated losses, with HBAR slipping another 0.85% to $0.212. A brief recovery attempt at $0.215 quickly failed, and trading volume collapsed to zero in the closing minutes—signaling either technical issues or a complete institutional retreat. The selloff reflects wider market unease as the U.S. government shutdown halts SEC operations, delaying ETF approvals. Canary Capital’s HBAR and Litecoin ETF filings remain pending, while Bitwise cut Solana ETF fees and added staking to stay competitive. Until regulatory clarity returns, corporate treasuries are expected to remain cautious in digital asset exposure. Corporate Risk Assessment Metrics Token valuation declined from $0.22 to $0.21 during the October 8-9 trading period, representing a 4.13% institutional retreat Overall trading volatility of $0.012 (5.40%) exceeded normal corporate risk parameters for digital asset exposure Concentrated institutional selling occurred between 01:00-08:00 on October 9, indicating coordinated corporate treasury decisions Trading volumes surpassed 100 million units during peak selling periods, confirming institutional participation Significant institutional resistance established at the $0.22 price level for corporate entry points Institutional support materialized near $0.21, creating defined risk parameters for corporate treasury management Final trading hour demonstrated additional 0.85% decline, extending corporate losses Intraday volatility of $0.0027 (1.26%) during the 60-minute period exceeded corporate risk tolerance thresholds Recovery attempt peaked at $0.215 around 13:24 before encountering institutional profit-taking Session lows near $0.212 during 14:00 period confirmed with high-volume institutional validation Complete market liquidity withdrawal during final three minutes (14:10-14:12) suggests coordinated institutional exit Critical corporate resistance level established at $0.215 with immediate institutional support at $0.212 Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.