HBAR reverses after 20% rally as IDTrust IBM listing is reassessed

  • HBAR fell 16.5% to $0.1043 after rising more than 20% and moving above $0.12 earlier in the day.
  • The token briefly reached $0.1306, while an earlier CoinGecko reading showed about $1.47 billion in volume and a $5.16 billion market capitalization.
  • The reversal followed reassessment of Hedera-based IDTrust's IBM Cloud Catalog listing, while August PCE data remained due on September 30.

Hedera's HBAR reversed sharply, falling 16.5% to $0.1043 after gaining more than 20% earlier in the day and briefly reaching $0.1306. The rally followed The Hashgraph Group's announcement that its Hedera-based IDTrust identity platform for AI agents had been listed on IBM Cloud Catalog, but traders later reassessed the listing as a partner product appearing on a cloud marketplace rather than IBM building directly on Hedera. HBAR remained up about 9.91% over seven days. The broader crypto market was near $2.86 trillion, up 1.1% on the day, as traders awaited August PCE inflation data scheduled from the Bureau of Economic Analysis for September 30, 2026, at 8:30 a.m. ET. Hedera's Linux Foundation contribution, AI initiatives, institutional tokenization and elevated derivatives activity also supported attention on the token.

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