{"id":47697,"date":"2026-10-03T10:22:10","date_gmt":"2026-10-03T10:22:10","guid":{"rendered":"https:\/\/financialrush.com\/?p=47697"},"modified":"2026-10-03T10:22:10","modified_gmt":"2026-10-03T10:22:10","slug":"qnt-and-night-continue-to-defy-market-correction-btc-settles-after-wild-ride-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=47697","title":{"rendered":"QNT and NIGHT Continue to Defy Market Correction, BTC Settles After Wild Ride: Weekend Watch"},"content":{"rendered":"

\n<\/p>\n

Although the US labor market showed clear signs of a cooldown on Friday, which, overall, should be bullish for risk-on assets, BTC’s price surge was halted in its tracks, and the asset plummeted hard in the following hours before finally calming at $84,500.<\/p>\n

The larger-cap altcoin field is deep in the red today, with ETH losing the $2,700 support once again, and XRP slipping below $1.50. QNT and NIGHT, though, are in a different league.<\/p>\n

BTC Calms After Big Volatility<\/h2>\n

The business week began on the wrong foot for BTC, which was stopped at $85,000 and slipped below the key $83,000 support on several occasions in the next few days. However, the bulls managed to defend that level and initiated a leg up that challenged the upper boundary of the tight trading range at $85,000. The biggest breakthrough mid-week came after the Wednesday PCE data release, when bitcoin skyrocketed<\/a> from $83,000 to $85,600 within hours.<\/p>\n

However, it was rejected almost immediately and plummeted toward its starting point. It remained sideways on Thursday before it started to climb again on Friday. The bulls got assistance from the softer-than-expected US jobs report, which pushed<\/a> BTC to over $87,000 for the first time in about ten days.<\/p>\n

Despite the positive developments on the inflation front and the labor market, bitcoin was violently rejected<\/a> at that level and slumped to under $84,000 in the following hours, leaving<\/a> nearly $600 million in liquidations.<\/p>\n

It 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.<\/p>\n

<\/a>
BTCUSD October 3. Source: TradingView<\/figcaption><\/figure>\n

QNT, NIGHT Defy the Odds<\/h2>\n

Ethereum continues its fight with the $2,700 resistance, but it’s still on the wrong side. XRP has dipped below $1.50 after a 3.5% daily decline. ZEC has plummeted by more than 5% daily and now sits inches above $1,300. DOGE, LINK, ADA, RAIN, XLM, and NEAR are also deep in the red on a daily scale.<\/p>\n

The situation with the mid-cap alts is similar. In contrast, QNT has resumed its recent run by posting a 13% surge that has taken it to well over $260. NIGHT has risen by a similar percentage and has tapped $0.50.<\/p>\n

The total crypto market cap is down by almost 2% in the past 24 hours, and now sits at $2.880 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview October 3. Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post QNT and NIGHT Continue to Defy Market Correction, BTC Settles After Wild Ride: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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