Crypto

HBAR Crashes While QNT Soars in Wild Crypto Market Fluctuations

Guavy AI Editorial Team Published October 1, 2026

Instruments

BTC HBAR QNT

The crypto market saw a mixed day on September 26, with some coins experiencing significant price swings. Hedera (HBAR) was initially up over 20% after IBM listed its Hedera-based IDTrust identity platform on the IBM Cloud Catalog, but it quickly reversed course and dropped by 16.5%. The news was seen as a narrow partnership, not a major development.

On the other hand, Quant (QNT) continued its impressive rally, reaching new heights with a price increase of 299% over seven days. This is due to The Clearing House's selection of QNT to power its On-Chain Money Initiative, which aims to clear and settle tokenized bank deposits.

The market remains cautious ahead of the August PCE inflation data release on September 30, with Bitcoin trading at $83,558 and down 2.03% on the week.

HBAR Crashes While QNT Soars in Wild Crypto Market Fluctuations

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