Bitcoin Falls Below $77,000 as Zcash Plunges 11%

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BTC
$77,324.70-0.47%
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ZEC
$1,208.61-3.04%
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ETH
$2,280.42-0.07%
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SOL
$92.85-1.1%
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BNB
$700.19-0.54%
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Bitcoin news broke as BTC dipped below $77,000, hitting $76,646.60 with a 2.2% drop in 24 hours. Zcash (ZEC) fell 11.1% to $1,130.27, leading the losses. Ethereum (ETH), Solana (SOL), and BNB (BNB) also declined. TRON (TRX) and Monero (XMR) rose, while ElevateFi (EFI) jumped 1,231.4% to $25.94. Bitcoin analysis shows mixed momentum across the market.

What to Know

  • Bitcoin dropped below $77,000 as Ethereum, Solana, and BNB recorded losses, reflecting widespread selling pressure.
  • Zcash plunged 11.1%, while Hyperliquid declined 5.7%, contrasting with gains recorded by TRON and Monero.
  • ElevateFi surged 1,231.4%, leading smaller cryptocurrency gainers as Aria.AI, DMT-NAT, Yellow, and Metaplex registered substantial increases in their market prices.

Bitcoin (BTC) slipped below $77,000 as the broader cryptocurrency market recorded widespread losses, with Ethereum, Solana, Zcash, and Hyperliquid declining, while TRON, Monero, and several smaller tokens posted gains despite the prevailing selling pressure.


Bitcoin and Major Altcoins Decline as Zcash Drops 11%

According to CoinGecko data, Bitcoin (BTC) traded at $76,646.60 following a 2.2% daily decline, with trading volume reaching $26.75 billion. Its market capitalization stood at $1.54 trillion, keeping Bitcoin firmly ahead of other cryptocurrencies by total market value.


Also Read: Hong Kong Launches 24/7 Tokenized Settlement as Stablecoin Trials Expand


Ethereum (ETH) lost 2.3% to trade at $2,249.51, while its daily volume reached $9.79 billion and capitalization totaled $274.83 billion. BNB (BNB) declined 2.4% to $695.16, whereas XRP (XRP) slipped 0.7% to $1.25, reflecting comparatively limited losses.


Solana (SOL) fell 3.5% to $91.87, recording $2.45 billion in trading volume and a market valuation of $54.21 billion. Selling extended to Zcash (ZEC), which plunged 11.1% to $1,130.27, making it the weakest major asset in the figures.


Hyperliquid (HYPE) dropped 5.7% to $83.38 as trading volume reached $1.17 billion, while Dogecoin (DOGE) declined 2.6% to $0.07401. In contrast, TRON (TRX) gained 2.1% to $0.3208, accompanied by $510.44 million in daily trading activity. Monero (XMR) also advanced 0.5% to $608.07, with its market capitalization standing at $11.45 billion despite widespread declines elsewhere.


ElevateFi Tops Crypto Gainers as Smaller Tokens Rally

ElevateFi (EFI) led the gainers with a 1,231.4% surge to $25.94, although its trading volume reached only $697,845. Aria.AI (ARIA) climbed 37.7% to $0.1144, attracting substantially greater trading activity of $25.57 million during the period.


DMT-NAT (NAT) advanced 35.6% to $0.0612, while Yellow (YELLOW) increased 33.7% to $0.1276 on $4.56 million in volume. AudaCity (DACITYCOIN) gained 28.9% to $0.0204, followed by Metaplex (MPLX), which rose 25.5% to $0.09265.


THORChain Yield (TCY) added 24.0% to reach $0.1828, while Impossible Cloud Network Token (ICNT) climbed 16.3% to $0.1987. Overall, the figures show broad weakness among major cryptocurrencies alongside notable gains in selected smaller digital assets.


Also Read: Solana Hits 1,000 Days Without Network Outage as Blockchain Reliability Improves


The post Crypto Market Update: Bitcoin Falls Below $77,000 as Zcash Leads Major Losses appeared first on 36Crypto.

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