Open account

Zcash (ZEC) Jumps 8% Daily, Bitcoin (BTC) Calms at $78K: Weekend Watch

Bitcoin traded volatile through the week but settled around $78,000 after a Friday spike to nearly $79k triggered by geopolitical headlines and earlier volatility tied to Fed rate guidance. BTC’s market cap sits near $1.57 trillion and dominance remains above 58%, keeping pressure on altcoins. Ethereum rose back to about $2,300, while Zcash (ZEC) led top-100 altcoins with an ~8% daily surge to ~$380; HASH and SIREN climbed ~6% and several mid‑caps posted modest gains. The overall crypto market cap held roughly steady at $2.68 trillion. Market structure shows strong headline-driven intraday moves but no decisive breakout, leaving near-term direction mixed but BTC anchored around a key round-number level.

Category

Bitcoin

Sentiment

Neutral

Event

Price milestone

Reading time

1 min