💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Russian official: The average daily cryptocurrency trading volume within Russia is approximately $650 million, with millions of citizens participating.
Mars Finance reports that, according to TASS, Russian Deputy Minister of Finance Ivan Chebeskov stated at the Alfa Talk conference that the daily cryptocurrency trading volume within Russia is approximately 50 billion rubles (about 650 million USD), with millions of citizens participating. Chebeskov said that cryptocurrency usage within Russia continues to grow, involving millions of citizens and reaching trillions of rubles in scale. He indicated that this trend shows a significant increase in Russian people’s interest in digital assets as a savings tool. The Russian Ministry of Finance has previously stated multiple times that the market size reaches trillions of rubles.