During U.S. market hours, the price of Hedera (HBAR) crypto token surged after Robinhood (HOOD) announced it would be listing HBAR on its platform. This was the only indicative movement of the crypto market as it was on the decline during this period. Hedera’s price gained 0.7% in the last 24 hours, making him the only one among the top 20 cryptocurrencies, by market capitalization, to be in the green as of this snapshot. As of this snapshot, Stocktwits showed the retail sentiment around the altcoin was ‘neutral’, unchanged from the previous day. Traders on the platform expect the token to be affected by the ‘Robinhood’ effect, whereby any recently listed token undergoes a price surge post- listing. Meanwhile, Bitcoin (BTC) and other major tokens were in free fall. Bitcoin’s price tumbled more than 3% over the day. Stellar (XLM) and Dogecoin (DOGE) also took significant hits of over 8%.
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