HBAR Surges 18% as Bitcoin Drops Below $83K
Hedera (HBAR)
Editor:
Eugene Serbin
According to cvj.ai, Bitcoin fell below $83,000 on Monday after being rejected at $85,000, driven by geopolitical tensions in the Middle East. The broader crypto market lost over $70 billion in a single day, with most altcoins following Bitcoin’s decline. Despite this widespread sell-off, Hedera’s HBAR emerged as a notable exception, surging by 18% to $207.
Quant’s QNT also performed strongly, rising over 20% to sit above $220. Bitcoin’s price action saw it slump to $82,600, erasing over $2,000 in value from its recent high. The total crypto market capitalization fell to $2.840 trillion as investors fled riskier assets amid rising oil prices.
Major cryptocurrencies like ETH, BNB, and XRP also took hits during this period. The decline highlights Bitcoin’s current correlation with traditional risk assets rather than acting as a hedge. QNT’s surge suggests investors are seeking assets with unique value propositions during turbulent times. The market remains on edge as the direction depends on how geopolitical events unfold.
How the market reacted
Whalio's own Binance spot order flow for HBAR, measured when this story was written up on 28 September 2026. Not the outlet's figures.
HBAR is trading at $0.09586 with a 1-hour buy ratio of 51.4%, indicating immediate buying interest. However, the 4-hour buy ratio drops to 47.8%, showing that this buying pressure is fading over a longer timeframe. The 24-hour buy ratio sits at 48.5%, confirming that selling has slightly outweighed buying over the full day. Volume delta reflects this shift, with a positive $291,739 in the last hour but a negative -$3,200,765 over four hours. This means that while recent trades favored buyers, the broader recent trend favored sellers. The 24-hour volume delta is -$328,302, with cumulative volume delta closing at -$3,300,238. These figures show that net selling pressure has dominated the day despite the price increase.
The latest daily buy ratio of 52.0% sits at the 84th percentile of the last 323 days, against a median of 49.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for HBAR, averaged over the days leading up to the story.
Over the preceding week, HBAR saw a 7-day average buy ratio of 50.3%, which is 1.8 percentage points higher than the current 24-hour reading. This indicates that buying activity has decreased compared to the weekly norm. Volume over the last day was 0.50x the weekly average, suggesting significantly lower trading activity. The coin experienced a price change of +10.8% over eight days, with a total volume delta of +$836,448. Compared to the weekly average, this is an ordinary day for the coin, characterized by lower volume and reduced buy ratios.