Hedera Price Drops by 10% as it Fails to Break Through $0.10 Resistance

Hedera's price dropped by approximately 10% over 24 hours to $0.090, following its rally from $0.07219.

The token had reached a high near $0.10 but failed to break through due to profit-taking, according to the source.

The institutional development of Hedera joining the UK's Wholesale Digital Markets Champion Taskforce was seen as strengthening its adoption narrative, but the news coincided with the price correction.

Large traders remained active during the correction, and whale-sized orders kept them in the picture, but it didn't show whether buyers could defend support.