HBAR Forms Double Bottom as Deutsche Bank Adopts Hedera Technology
Hedera's HBAR shows a bullish technical pattern amid Deutsche Bank's integration of its technology stack.
Hedera's HBAR shows a bullish technical pattern amid Deutsche Bank's integration of its technology stack. Hedera (HBAR) is trading at $0.0874, up 0.6% since this brief published. This is an original Token Times brief based on reporting by DailyCoin, with live market data added, as of Tue, 13 Oct 2026 02:45:01 UTC.
The integration of Hedera's technology by a major financial institution like Deutsche Bank could boost mainstream adoption of blockchain solutions, while HBAR's technical pattern suggests potential price recovery.
- HBAR forms a double bottom pattern, indicating potential bullish reversal.
- Deutsche Bank integrates Hedera's technology stack into its operations.
- HBAR down 6.98% in 24 hours despite positive fundamental news.
Hedera's native cryptocurrency HBAR is currently exhibiting a double bottom pattern on its daily price charts, according to DailyCoin. This technical formation is often interpreted as a bullish reversal signal, suggesting potential upward movement in HBAR's price after a period of decline.
In a significant development for Hedera, Deutsche Bank has integrated the full Hedera technology stack into its operations. This move by a major financial institution could enhance the credibility and adoption of Hedera's blockchain solutions in the traditional financial sector.
Despite this positive fundamental news, HBAR's price has dropped by 6.98% over the past 24 hours, currently trading at $0.08687. The broader cryptocurrency market is also experiencing a downturn, with 
Bitcoin down 1.41% and the total market cap at $2.84 trillion.
The Fear & Greed Index currently stands at 57, indicating a state of 'Greed' in the market. This suggests that while there is some optimism, investors remain cautious amidst the overall market decline.
The integration of Hedera's technology by Deutsche Bank could be a significant step towards broader institutional adoption of blockchain solutions. Investors will be watching HBAR's price action closely to see if it can break out of its current downtrend and validate the double bottom pattern.
Since this brief published about 7 hours ago, Hedera (HBAR) has moved from $0.0869 to $0.0874 — +0.56%.
The chart plots HBAR's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HBAR ≈ ₹9.04 (about $0.0874), down 6.7% over 24 hours. The rupee itself trades about 7.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
HBAR Forms Double Bottom as Deutsche Bank Adopts Hedera Tech — questions & answers
What is a double bottom pattern?
A double bottom is a bullish technical indicator suggesting a potential price reversal after two consecutive lows.
Why is Deutsche Bank's integration of Hedera significant?
It signifies growing institutional adoption of Hedera's blockchain technology, potentially boosting its credibility and use in traditional finance.
How has HBAR's price reacted to the news?
HBAR is down 6.98% in the past 24 hours despite the positive news about Deutsche Bank's integration.
How much is 1 Hedera worth in rupee today?
About ₹9.04 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.0874. The rupee price moves with both HBAR's US-dollar price and the USDT/INR rate; use our Hedera in rupee page for any amount.
Has Hedera's price moved since this brief was published?
HBAR is up 0.56% since this brief first published — trading at $0.0874 now versus $0.0869 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from DailyCoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.