Big Gains From ZEC and HYPE, BTC Price Stable Above $64K: Market Watch
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Bitcoin tested $62,000 support several times since early August and has rebounded above $64,000 as markets expect a Strait of Hormuz deal to be announced today, reducing near-term downside risk for crypto price action. Most large-cap altcoins contracted over the past day with XMR, XRP and XLM in the red while HYPE and ZEC posted notable gains, reflecting mixed token performance and rotation rather than broad DeFi or market-wide adoption.
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After testing the $62,000 support on a couple of occasions since August began, bitcoin has managed to weather the storm and now sits above $64,000 as markets expect a Strait of Hormuz deal to be announced today.
Most larger-cap alts have produced contracting performances over the past day. XMR, XRP, and XLM are in the red, while HYPE and ZEC have posted notable gains.
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Coins
$ 64.08K
+0.91%
$ 1.06
-0.84%
$ 0.166
-2.47%
$ 350.89
-3.97%
$ 517.41
+6.48%Predictions Markets
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In This News
Coins
$ 64.08K
+0.91%$ 1.06
-0.84%$ 0.166
-2.47%$ 350.89
-3.97%$ 517.41
+6.48%Predictions Markets
See what traders are focused on
Share:
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Audiera (BEAT) Plunges Again, Bitcoin (BTC) Rebounds Above $63K: Market Watch
