Article may be outdated

This article is 11 days old. Some details may have changed since publication.

CoinDesk·2 min read·medium

Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally

S
Shaurya Malwa
Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
AI Summary

Bitcoin is maintaining its position above $77,000 following a significant weekly rally, while high-performing altcoins like XRP and Zcash have begun to stabilize. Market attention is now shifting toward the upcoming Jackson Hole symposium and Federal Reserve commentary to determine if the current momentum can be sustained.

Why it matters

The stabilization of crypto assets after a major rally highlights the transition from speculative short-squeeze activity to a reliance on sustained spot and ETF demand, with macro-economic policy serving as the next major catalyst.

Dive DeeperCreate a free account to unlock

Compartilhe esta postagem Copiar link X icon X (Twitter) LinkedIn Facebook Email Bitcoin holds above $77,000 as the altcoin surge cools Bitcoin traded near $77,300 on Monday, holding a 22% weekly gain, while last week's standout altcoins steadied after their run, per CoinDesk data. XRP sits at $1.48, up 48% on the week, and Zcash near $838 after a 70% weekly surge, both leveling off rather than extending.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
cryptobusinesseconomy

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in