Bitcoin Surpasses $81,000 as Privacy Coins Lead Broad Crypto Rally

iconCoinDesk
Share
This is the logo of the coin.
BTC
$79,441.70-1.78%
This is the logo of the coin.
ETH
$2,451.21-1.88%
This is the logo of the coin.
XRP
$1.40-3.27%
This is the logo of the coin.
SOL
$101.60-2.45%
This is the logo of the coin.
DASH
$52.9915.12%
AI summary iconSummary
Bitcoin news broke Friday as Bitcoin hit $81,060, surpassing $81,309 overnight. Ether rose 4.52%, XRP 5.58%, and Solana 3.04% in the past 24 hours. A market rally also lifted privacy coins, with Dash surging 19.24%. Zcash and Monero also saw strong gains. The broader crypto market remains in an upward trend.

Bitcoin BTC$80,995.17 is trading around $81,060 on Friday morning, easing 0.22% since midnight UTC after clearing $81,309 overnight, the level that had capped the rally through late August.

The move higher is broad rather than selective. Ether ETH$2,523.75 added 4.52% over the past 24 hours, XRP 5.58% and solana (SOL) 3.04%, with $318.6 million in liquidations across the market according to Coinalyze.

Privacy coins have run hardest. Zcash (ZEC) gained 16.55% over 24 hours, monero (XMR) 5.89% and dash DASH$51.19 19.24%, without an obvious catalyst behind any of them.

Gold is up 0.17% to $4,480 and silver 0.25% to $67.11, while the dollar index is flat at 99.063 and Nasdaq 100 futures have added 0.42%.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.