HBAR · Daily move · 2026-10-29
Why did Hedera drop 7.9% on October 29, 2026?
HBAR largely moved with the market. This is HBAR's largest 24-hour fall in 29 days. No HBAR report was collected from the day before to the day after; the cause is unresolved.
A report links HBAR’s fall to broader crypto risk-off conditions after hotter U.S. inflation data, but the cause is not independently verified here. Market-positioning data offer limited evidence of additional selling pressure; the initiating event remains uncertain.
May have started the movePossible
A report published Oct 29, 14:07 UTC attributes HBAR’s decline to a broader risk-off day after hotter U.S. inflation data. If accurate, this could have prompted selling, but it does not establish the timing or direct link to HBAR.
What is not shown
The report is a search snippet and is not independently verified; the move’s onset is unknown.
Weaker possibilities: From Oct 29, 00:00 to Oct 30, 00:00 UTC, open interest fell while buyer-initiated volume share on OKX was lower than in the prior 24 hours. (OKX perpetual swap: open interest, OKX perpetual swap: taker buy/sell volume)
What is still unknown
Did broader market selling or derivatives positioning initiate the fall, and did either amplify it?
Looked at the 24 hours to Oct 30, 2026, 00:26 UTC
- Day open / close
- $0.07495 → $0.0690224 hourly candles, OKX · USDT
- Day range
- $0.066 – $0.0758114.9% from low to high
- Versus Bitcoin
- -7.90% / BTC -4.11%24 hours to Oct 30, 2026, 00:00 UTC; the headline uses the live price. About -2.1 points of the move is its own after allowing for Bitcoin
- Versus the past month
- Its largest 24h fall in 29 days-7.90% in the 24 hours to Oct 30, 2026, 00:00 UTC, 4.2× a typical day (1.9%).
- 30-day range
- 37.3% below the high · 4.6% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 25 of 28 others also fell 2.6% or more2 rose that much
- 24h volume
- 1.7×of its prior 30-day daily average
- Perpetual swap
- funding near zero · open interest fallingOKX perpetual swap HBAR-USDT-SWAP
Computed from OKX · USDT hourly candles for the 24 hours to Oct 30, 2026, 00:00 UTC. Methods →
HBAR timeline around October 29, 2026
Largest closed hourly move: -5.96%, Oct 29, 2026, 20:00–21:00 (UTC).
2 sharp price swings were flagged; the largest was -2.10% in 5 minutes at Oct 29, 2026, 20:44 UTC.
How often has this happened before?
Since 2020-02-14, HBAR has fallen 7% or more in a UTC day 90 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 39 of 90 cases, with a median change of -1.31%. This is history, not a forecast.
Latest 10 episodes: 2026-10-12, 2026-09-23, 2026-02-05, 2025-11-11, 2025-11-03, 2025-10-10, 2025-08-25, 2025-07-23, 2025-05-23, 2025-04-06 (UTC)
One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.