Markets· ★★★· bearish·

Hitachi Drops Off Hedera Council as HBAR Gives Back Entire 27% IBM-Driven Jump

  • —HBAR at $0.094: the 27% rally to $0.13 on IBM news has fully reversed
  • —Hedera Council shrinks to 33 members as Hitachi disappears from the list
  • —Hitachi America joined the council in January 2024 at Davos
  • —USDC on Hedera rose from $27 million to $46 million in a week
Why it matters: An unexplained exit of a major council member undercuts Hedera's core corporate-governance narrative and adds pressure on HBAR's price.
#HBAR#USDC
Source: CryptoTicker
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