Bitcoin Holds $83K Support as QNT Surges 75% on Clearing House Deal
Bitcoin (BTC)
Editor:
Eugene Serbin
cvj.ai reports that Bitcoin is gradually approaching $85,000 after successfully defending the $83,000 support level on Friday. The cryptocurrency previously surged past $80,000 and reached an eight-month high of $87,300 before facing rejection and slipping back toward the $83,000 mark. Despite bears pushing the price south, bulls intervened to prevent further declines, allowing Bitcoin to rebound to $84,000 and remain stable through Saturday.
Quant’s QNT token emerged as the top gainer among the largest 100 altcoins, experiencing a massive 75% surge to over $190 before settling around $160. This dramatic price action was driven by a partnership with The Clearing House to power its On-Chain Money Initiative. Other altcoins showed mixed results, with BTW, WLD, GRAM, and GRAY posting double-digit gains.
ZEC rose over 8% to sit above $1,650, while NEAR reclaimed the $5 level following a 5.4% jump. SOL increased by 3% to near $125, and ETH, BNB, LINK, and HYPE also posted slight gains. Conversely, XRP, DOGE, and TRX recorded minor losses during this period. The total crypto market capitalization has risen slightly to $2.910 trillion, with Bitcoin’s dominance holding steady at 58.6%.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 27 September 2026. Not the outlet's figures.
Bitcoin is currently trading at $84,433.10, with a 1-hour buy ratio of 56.5% indicating strong immediate buying pressure. This short-term bullish sentiment contrasts with the 4-hour buy ratio of 50.8% and the 24-hour ratio of 48.4%, suggesting that recent buying is outpacing the broader daily trend. Volume delta shows positive inflows of nearly $6 million in the last hour and $4.4 million over four hours, offsetting a net outflow of over $21 million over the past day. The cumulative volume delta for the 24-hour period remains positive at $3,902,330, with net buying occurring in 11 of the last 24 hours. This indicates that while daily volume has been net negative, recent hours have seen a shift toward aggressive accumulation.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.6%, making today’s 24-hour ratio of 48.4% nearly identical to the weekly norm. However, the 24-hour spot volume of $677,578,219 is only 0.42 times the weekly average, indicating a significant drop in trading activity compared to recent history. While the weekly volume delta was a net outflow of $377,377,241, the current hour’s positive delta of $5,995,006 signals a temporary reversal of that weekly trend. Bitcoin’s dominance remains strong at 58.6%, and the asset has gained 3.9% over the last eight days. This represents an unusual day for volume intensity, as trading activity is less than half of the typical weekly level despite the price holding steady.