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Hedera's HBAR crypto drops 26% from late Sept. to early Oct. amid broader market weakness.

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Hedera's HBAR crypto drops 26% from late Sept. to early Oct. amid broader market weakness.

Hedera's native cryptocurrency, HBAR, fell about 26% from its closing price of $0.122 on September 28 to $0.090 on October 8, reversing part of a strong late-September rally. The drop occurred alongside a general downturn in the cryptocurrency market, although no direct cause-and-effect is confirmed. HBAR had previously surged nearly 75% between mid-September and late September. Hedera operates a proof-of-stake network governed by a council of 33 organizations, recently adding Hitachi America to its membership in January 2024, signaling growing institutional interest despite recent price volatility.

HBAR's market cap stands at Rp72.28 trillion as of October 9, 2026, 17:01 WIB, with a 24-hour trading volume of Rp2.95 trillion on Pluang. The token is trading at Rp1,643, down 4.14% in the past day, reflecting ongoing volatility after its recent price swings. Pluang data shows a balanced order activity with 43% sell and 57% buy, and investors typically hold HBAR for about 57 days. This trading behavior highlights continued interest despite the recent price decline noted in the news.

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