{"id":36695,"date":"2025-10-12T08:05:27","date_gmt":"2025-10-12T08:05:27","guid":{"rendered":"https:\/\/financialrush.com\/?p=36695"},"modified":"2025-10-12T08:05:27","modified_gmt":"2025-10-12T08:05:27","slug":"zec-unfazed-by-market-crash-with-another-surge-btc-calms-below-112k-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=36695","title":{"rendered":"ZEC Unfazed by Market Crash With Another Surge, BTC Calms Below $112K: Weekend Watch"},"content":{"rendered":"

\n<\/p>\n

Following the massive meltdown experienced on Friday evening and Saturday morning, bitcoin has expectedly calmed at around $112,000.<\/p>\n

Most altcoins have shown similar behavior over the past day, but there are some gainers even from the larger caps, such as BNB.<\/p>\n

BTC Calms at $112K<\/h2>\n

The business week began in an impressive manner for the BTC bulls as the cryptocurrency skyrocketed to two consecutive all-time highs last Sunday and Monday. The latest record came at just over $126,000. What followed was a minor correction and sideways trading at around $122,000.<\/p>\n

That level held until Friday evening when the US President Donald Trump threatened<\/a> and then officially announced<\/a> a new set of tariffs against China. In the span of just a few hours, bitcoin’s price tumbled from $122,000 to $101,000 on some exchanges.<\/p>\n

This caused a cascade of liquidations, which became<\/a> the single-largest day of wrecked positions worth over $19 billion, according to CoinGlass. BTC bounced off as most short positions were closed and briefly exceeded $114,000, which only intensified the liquidations.<\/p>\n

It has failed there for now and sits close to $112,000 as of press time. Its market cap has tumbled to under $2.230 trillion on CG, but its dominance over the alts is above 58%.<\/p>\n

<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

ZEC Defies the Crash<\/h2>\n

Zcash was on an impressive roll before the market-wide crash, surging by triple digits within a week or so. Although it dumped from $250 to $160 during the meltdown, it has not only recovered all the losses but even charted some gains and is now close to $300 after another 11% surge since yesterday. IP is the other big gainer from the top 100 alts.<\/p>\n

Binance Coin has jumped by over 7% since yesterday and now trades above $1,150. Ethereum is up to $3,800 after a 3% increase, while XMR has risen by 7% to $308. Most other larger-cap alts are quite sluggish now.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post ZEC Unfazed by Market Crash With Another Surge, BTC Calms Below $112K: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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