Bitcoin Stalls at $87K as QNT Surges 160%
The cryptocurrency market had a significant week, with Bitcoin (BTC) failing to break through the $87,000 resistance level despite positive economic data. The price of BTC dropped to below $83,000 after being rejected at $85,600 and $87,200.
However, the asset recovered some ground over the weekend and challenged the same resistance on Monday morning, only to be rejected again. This volatility has been a common theme for Bitcoin in recent weeks.
In contrast to BTC's struggle, Quant (QNT) emerged as one of the top performers, surging by 160% within the past seven days. NIGHT gained 105% during the same period, making them part of the modest list of triple-digit price gainers.