{"id":39584,"date":"2025-12-27T11:40:08","date_gmt":"2025-12-27T11:40:08","guid":{"rendered":"https:\/\/financialrush.com\/?p=39584"},"modified":"2025-12-27T11:40:08","modified_gmt":"2025-12-27T11:40:08","slug":"zcash-zec-soars-by-double-digits-again-bitcoin-btc-rejected-at-90k-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=39584","title":{"rendered":"Zcash (ZEC) Soars by Double Digits Again, Bitcoin (BTC) Rejected at $90K: Weekend Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin’s gradual price recovery to almost $90,000 came to another halt yesterday when the asset was suddenly rejected and dumped by roughly three grand in minutes.<\/p>\n

Most larger-cap alts have mimicked BTC’s performance, with ETH sliding toward $2,900 again, while XRP has slipped to $1.85.<\/p>\n

BTC Stopped at $89.5K<\/h2>\n

The primary cryptocurrency had a wild week before the Christmas holidays when it pumped and dumped on several occasions from around $85,000 to $90,000, only to mark a local low at $84,400 after the US CPI numbers for November were announced. It managed to recover some ground during the weekend at the time and even went on the offensive last Monday.<\/p>\n

It spiked past $90,400 for the first time in about a week, and this rally seemed sustainable at first. However, as it happened during the previous few such attempts, the bears resumed control<\/a> almost immediately and drove the asset south hard to under $87,000.<\/p>\n

Christmas Eve and Day were quite uneventful, as expected, but bitcoin attempted another breakout<\/a> on Friday. This time, it couldn’t even reach $90,000 before the bears rejected it. In less than an hour, the cryptocurrency plunged to $86,500. It has rebounded slightly and now sits above a grand higher, but it’s still 1.5% down on the day.<\/p>\n

Its market cap is below $1.750 trillion again, while its dominance over the altcoins remains calm at 57.5% on CG.<\/p>\n

<\/a>
BTCUSD Dec 27. Source: TradingView<\/figcaption><\/figure>\n

ZEC Spikes Again<\/h2>\n

Ethereum was stopped before $3,000 yesterday and will now rely on the $2,900 support to hold its latest retracement. XRP is well below its $1.90 support after another 1.5% daily decline. DOGE has dropped the most from the larger-cap alts, followed by LINK.<\/p>\n

In contrast, XMR and HYPE have charted minor gains, while ZEC and RAIN have exploded by double digits. The former is up by over 13% and has risen above $500, while the latter stands close to $0.008 after a 10% daily pump.<\/p>\n

The total crypto market cap has remained above the $3 trillion mark despite losing $40 billion since yesterday’s peak.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Daily Dec 27. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post Zcash (ZEC) Soars by Double Digits Again, Bitcoin (BTC) Rejected at $90K: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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