- HBAR surged 12% after Trump announced a 90-day pause on tariffs, with Bitcoin and traditional markets also rallying—sparking renewed short-term optimism.
- Despite the bounce, HBAR is still down 37% YTD, and CoinCodex predicts only a minor 1.94% gain by mid-April, suggesting limited upside potential for now.
- A fake Nvidia partnership rumor hurt credibility, raising concerns about Hedera’s long-term footing and reminding investors to tread cautiously despite brief price pops.
Hedera’s native token HBAR saw a sharp 12% spike on Thursday, riding the wave of a broader market surge after U.S. President Donald Trump unexpectedly announced a 90-day pause on global tariffs. The move sparked optimism across both equities and crypto, with Bitcoin shooting from around $79.9K to over $83.4K in a matter of hours.
Meanwhile, traditional markets didn’t hold back either—Dow Jones blasted nearly 3,000 points higher, and the Nasdaq Composite wasn’t far behind, gaining almost 1,900 points.
So with this sudden HBAR rally, a fair question arises: is now a good time to jump in?
HBAR Still in Recovery Mode—Despite the Bounce
Despite Thursday’s jump, Hedera (HBAR) is still down roughly 37% so far this year. Ouch. It had hit a local high of $0.37 in January shortly after Trump’s inauguration rally, but has since slumped to around $0.16. It’s one of the more bruised digital assets in the top 100 this cycle.
Price prediction platform CoinCodex isn’t overly excited either. Their mid-April forecast? A modest high of $0.172—just a 1.94% increase from current levels.
If that plays out, a $1,000 investment might bring back… $1,019. Not exactly Lambo territory.
Fake News & Fickle Sentiment: The Nvidia Incident
HBAR also got caught in the crossfire of a fake-news frenzy this week. Rumors circulated online that Nvidia was partnering with Hedera—turns out, it was a complete hoax. The misinformation briefly propped up sentiment before reality kicked in, and the price slid again.
For many investors, the Nvidia hoax reinforced a lingering concern: that HBAR lacks the kind of solid, real-world momentum needed to sustain long-term price growth.
Final Thoughts: A Neutral Call, But With a Side of Caution
Sure, HBAR could climb a couple percent in the near term, especially if the wider market remains risk-on. But let’s be real—those small gains can get wiped out in minutes if the tide turns.
If you’re looking at HBAR as a quick trade, maybe there’s something to squeeze out of this bounce. If you’re eyeing it for the long haul, though, you’ll want to see more than just tariff pauses and hype cycles to justify your position.
