QNT and HBAR Defy Altcoin Crash, BTC Drops Below $83K: Market Watch

UNI, RAY, and ARB lead on the way south today, while BCH and DASH are closeby. The weekend developments finally took a toll on BTC’s price as the asset was rejected at $85,000 and slipped by over two grand on Monday morning to well under $83,000. The altcoins have followed suit, at least most of them, with the total market cap losing over $70 billion in a day. QNT and HBAR are among the few exceptions. BTC Dumps The start of the previous business week was entirely different than today’s developments. At the time, BTC had defended the $80,000 support and exploded by over seven grand in a day to top $87,000 for the first time since late January. Although it was stopped there and dipped to $85,000, it returned to that level 36 hours later. The following rejection, though, was a lot more painful. This time, bitcoin lost the $85,000 support and slumped to $83,000 a day later. It remained within a confined range between $83,000 and $85,000 in the following days and traded between the two. The weekend was calmer, as BTC remained at $84,000 on Saturday and even climbed to $85,000 on Sunday. However, this was rather surprising given the latest developments in the Middle East war. US Preside...