Hedera (HBAR) Price Declines Amid Bybit News

Hedera (HBAR) Price Prediction for March 31

In the past 24 hours, the price of Hbar has dropped below the crucial support line at $0.16, recording a 3% decrease to $0.1565. Trading volume surged by 68% to $256 million. Over a longer timeline, Hedera’s price has been decreasing since December 3, when it dropped below $0.39. On February 3, the price crashed further below $0.2, partially due to a hack in Bybit. In the last 24 hours, Hedera’s market capitalization dropped by 3% to $6.93 billion. Additionally, Hbar faces increased long liquidation, slipping below the $0.16 support level.

North Korean Crypto Hackers Become More Sophisticated

North Korean crypto hackers have become more sophisticated, stealing billions in cryptocurrency over the years. The United Nations estimated North Korea stole about $3 billion in crypto hacks from 2017 to 2023. However, in just 2024 and 2025 alone, they have already plundered a record $1.7 billion from two of the largest exchanges, WazirX and Bybit. Hackers use fake job offers to steal crypto, putting millions of users at risk. The most infamous hacking group is the Lazarus Group, which targets financial institutions and digital asset exchanges.