HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera
Summary
HBAR token saw a 35% drop after it was clarified that BlackRock wasn't directly involved in tokenizing its ICS Treasury Fund on the Hedera network. The initial misunderstanding led to a 100% price surge. Despite BlackRock's denial, a crypto analyst sees the news as bullish for Hedera, as it suggests major enterprises are using the network, even if not directly.
