Bitcoin\u2019s impressive rally that started at the beginning of the business week continued in the past 24 hours as the asset flew past $119,000 for the first time since mid-August.<\/p>\n
Many larger-cap alts have posted notable gains over the past day as well, including double-digit price pumps from CRO and LTC.<\/p>\n
It\u2019s safe to say that last week\u2019s bearishness has disappeared from the cryptocurrency markets. Recall that six days ago, bitcoin\u2019s price tumbled to under $109,000 after losing the $112,000 support. However, the bulls intercepted the move and didn\u2019t allow another breakdown.<\/p>\n
BTC remained sideways during the weekend but went hard on the offensive on Monday, jumping<\/a> to nearly $115,000. Expectedly, a brief correction followed that took it south to $113,000.<\/p>\n The cryptocurrency recoiled from that level and returned stronger than before. It pushed past the $115,000 barrier and skyrocketed<\/a> to over $118,000 yesterday and all the way up to $119,500 earlier today. This became its highest price tag since August 15.<\/p>\n Despite losing some traction since then, BTC stands close to $119,000 as of press time. Its market cap has climbed to $2.370 trillion on CG, while its dominance over the alts stands still at 56.7%.<\/p>\n BTC\/USD. Source: TradingView<\/p>\n Most larger-cap alts are well in the green today. Ethereum briefly surpassed $4,400 earlier today but now stands just inches below it. XRP also tapped $3 but is yet to overcome that line decisively.<\/p>\n Dogecoin and Hyperliquid have jumped by 6% each. LTC rocketed to $120 after a 10% daily surge. CRO has skyrocketed to over $0.22 after a 12% pump since yesterday.<\/p>\n Zcash has emerged as the top gainer over the past day (and week). ZEC has added over 60% of value since yesterday and more than 140% on a weekly scale. It now trades close to $250.<\/p>\n The total crypto market cap has risen to $4.175 trillion on CG, after gaining more than $200 billion since Monday.<\/p>\n Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n The post Zcash (ZEC) Explodes by 60% Daily, Bitcoin (BTC) Taps 7-Week High: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s impressive rally that started at the beginning of the business week continued in the past 24 hours as the asset flew past $119,000 for the first time since mid-August. Many larger-cap alts have posted notable gains over the past day as well, including double-digit price pumps from CRO and LTC. BTC Eyes $120K It\u2019s […]<\/p>\n","protected":false},"author":0,"featured_media":101532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-101531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101531"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101531"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/101532"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ZEC Explodes<\/h2>\n