Bitcoin Drops Below $83K as QNT and HBAR Resist Altcoin Selloff
Quant (QNT)
Editor:
Eugene Serbin
cryptocurrency.com.tr reported that Bitcoin fell below $83,000 on Monday following a reversal of Friday's broad altcoin rally. The asset slipped roughly 2% over 24 hours after failing to hold the $85,000 area, contributing to a total crypto capitalization loss of about $70 billion. This pullback highlights how quickly risk-on rotation faded as macro pressure returned, reversing the strength that had lifted 93 of 100 major assets.
Quant and Hedera emerged as the few major tokens resisting this broader selloff. QNT traded around $231.35 after an explosive weekend advance, while HBAR stood near $0.1155 with strong 24-hour gains. Their resilience contrasts sharply with the broader market unwind, where Friday's biggest winners became some of Monday's hardest-hit assets.
Quant’s move extends the momentum behind its recent breakout above $100. However, the speed of this advance leaves the token vulnerable to sharp reversals.
How the market reacted
Whalio's own Binance spot order flow for QNT, measured when this story was written up on 28 September 2026. Not the outlet's figures.
Whalio's Binance spot data for QNT shows a current price of $286.26 with a 1-hour buy ratio of 51.6% and a 4-hour buy ratio of 50.2%. These short-term readings are slightly higher than the 24-hour buy ratio of 52.1%, indicating that buying pressure is stabilizing rather than fading over the immediate term. The 1-hour volume delta is positive at +$255,494, suggesting net buying in the last hour, while the 4-hour delta is negative at -$95,776, indicating recent selling pressure over that longer window. The buy ratio represents the proportion of trades executed as buys, so ratios above 50% show buyers are currently in control. Volume delta measures the difference between buy and sell volume, meaning positive values indicate more money is flowing into buys than sells. Over the last 24 hours, the CVD closed at +$4,214,447, confirming that net buying has dominated the day's flow.
The latest daily buy ratio of 51.2% sits at the 72nd percentile of the last 322 days, against a median of 48.7% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for QNT, averaged over the days leading up to the story.
Comparing today's activity to the preceding week reveals a significant surge in interest, with spot volume 26.44 times the 7-day average. The 24-hour buy ratio of 52.1% is 2.7 points higher than the weekly average of 49.5%, marking an unusual day of heightened buying conviction. This follows an 8-day period where the price changed by +346.2%, driven by 5 days of net buying out of 7. The total volume delta for the week stands at +$8,575,349, underscoring the sustained accumulation leading up to this moment. While today's volume is elevated compared to the average, the weekly context shows this is part of a broader, multi-day trend rather than an isolated spike.