{"id":48209,"date":"2026-10-21T09:13:49","date_gmt":"2026-10-21T09:13:49","guid":{"rendered":"https:\/\/financialrush.com\/?p=48209"},"modified":"2026-10-21T09:13:49","modified_gmt":"2026-10-21T09:13:49","slug":"zec-skyrockets-by-13-in-24-hours-btc-price-reclaims-83k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=48209","title":{"rendered":"ZEC Skyrockets by 13% in 24 Hours, BTC Price Reclaims $83K: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin’s price reacted well to the recent macro pressure and rebounded from the $81,000 range to over $83,000 as of now, charting a weekly high.<\/p>\n

The larger-cap alts have followed suit with notable recovery sessions today, including ETH’s 3.4% rise to over $2,450 and XRP’s strong rebound to $1.35.<\/p>\n

BTC Back Above $83K<\/h2>\n

Bitcoin’s troubles intensified<\/a> precisely a week ago when the US CPI numbers came out and showed inflation was still persistent and slightly higher than expected. A day later, the PPI reading confirmed this, and BTC nosedived once again. In total, the asset fell from over $84,000 to a monthly low of just under $80,000 all within 24 hours or so.<\/p>\n

The bulls finally intervened at this point and didn’t allow another leg down. Instead, BTC bounced off to $82,500, where it stood for a day, before its breakout attempt was halted at $83,000 and it slipped to under $81,000.<\/p>\n

The weekend was rather weird, including a $1,000 flash crash<\/a> on Saturday evening. Another dip followed to $80,750 before the asset finally showed some strength and surged<\/a> to $83,000 on Monday despite expectations for a Black Monday crash. However, this was a short-term relief rally, and BTC quickly dipped toward $81,000 on Tuesday.<\/p>\n

Another major rebound took place in the evening, taking bitcoin to $83,000. Earlier today, the asset climbed above that level and tapped $83,600 for the first time since last Wednesday’s pullback began. Although it was stopped there for now, it still trades above $83,000.<\/p>\n

Its market cap has recovered to $1.670 trillion, while its dominance over the alts is shaky at 60% on CMC.<\/p>\n

<\/a>
BTCUSD October 21. Source: TradingView<\/figcaption><\/figure>\n

ZEC, NEAR Pump<\/h2>\n

Today’s major altcoin rally is led by ZEC’s impressive 13% surge to $1,267. NEAR Protocol’s 11% pump and RAIN’s 13% follow suit among the mid-cap alts. Naturally, BTW is also here, with a 41% surge today, after it nosedived by a similar percentage yesterday.<\/p>\n

Other notable price gainers on October 21 include BCH, ENA, PUMP, WLD, SUI, AAVE, PEPE, UNI, and SKY.<\/p>\n

Ethereum is above $2,450 after a 3.4% increase; XRP is back at $1.35 following an even more impressive 4.5% jump, while SOL defended the $100 support and now sits at $106. ADA, DOGE, HYPE, LINK, and BNB are also in the green today.<\/p>\n

The total crypto market cap is up by just over 2% since yesterday to $2.780 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview October 21. Source: QuantifyCrypto<\/figcaption><\/figure>\n

 <\/p>\n

The post ZEC Skyrockets by 13% in 24 Hours, BTC Price Reclaims $83K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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