Bitcoin Approaches $85,000 as QNT Leads Weekend Altcoin Rally

WHY IT MATTERS

Cryptocurrency markets trade around the clock, including on weekends, unlike traditional stock markets. When a report says Bitcoin is "aiming at" a price level, it means the price is moving toward that number but has not necessarily reached or stayed there. An "altcoin rally" refers to a period when cryptocurrencies other than Bitcoin — called altcoins — rise in price. QNT is the token for Quant, a project focused on helping different blockchains communicate with each other, similar to how a universal translator might help people speaking different languages understand one another. Weekend price moves can sometimes be misleading because fewer people are trading, which can make prices swing more dramatically than they might on a busier trading day.