QNT Resumes Recent Bull Rally With 16% Surge, BTC Fights for $80K: Market Watch

ZEC is the most volatile larger-cap alt today. Bitcoin’s price struggles around the key $80,000 area continue, as the asset dipped below that line on a couple of occasions during the weekend and barely stands above it now. Most larger-cap alts are atypically sluggish for a Monday morning, with ETH and XRP posting minor losses, while ZEC and HYPE are up by 1%-3%. QNT, though, has skyrocketed by double digits, followed by ENA. BTC Struggles at $80K Things can easily change in the crypto market sometimes in the matter of just days. Recall that the largest digital asset began to climb last Tuesday and peaked on Wednesday at almost $85,000, which became its highest price tag in two weeks. The sentiment was quickly turning, and there were even calls for $90,000. Instead, reality brought the bulls to their knees. BTC was instantly rejected at the $85,000 resistance and tanked to $83,000 within hours and to under $81,000 a day later. It found some support and remained there until Friday before the bears took it a step further on Saturday. Although most weekends are typically quite sluggish, this one wasn’t. BTC tanked below $80,000 on Saturday and dipped to a 5-week low of $79,100. It rebo...