Bitcoin's Price Volatility Continues as QNT and NIGHT Defy Market Correction
The cryptocurrency market saw significant volatility this week, with Bitcoin's price surging and plummeting in a wild ride. Despite a softer-than-expected US jobs report, which initially pushed Bitcoin to over $87,000, the asset was rejected at that level and slumped to under $84,000. Bitcoin has since rebounded to $84,500, with its market cap standing at $1.69 trillion, while its dominance over the alts is up to 59% on CMC.
Meanwhile, QNT and NIGHT have continued to defy the market correction, with QNT posting a 13% surge to over $260 and NIGHT rising by a similar percentage to tap $0.50. In contrast, other major altcoins such as Ethereum, XRP, ZEC, DOGE, LINK, ADA, RAIN, XLM, and NEAR have all fallen.