Zcash rallies 43% on the week while Bitcoin holds steady at $77,600 and Grayscale's new fund hits a $500 million milestone.
Bitcoin exhibited notable resilience by recovering from an intraday low of nearly $77,600 on Tuesday. Despite the initial downward pressure, the asset managed to claw back most of its losses to remain largely unchanged for the day.
Bitcoin dropped to nearly $77,600 before recovering most of its losses, ending the day with little change.
Zcash recorded a significant 43% weekly gain, outperforming the broader market as investor interest intensifies. Meanwhile, Bitcoin demonstrated resilience by recovering from intraday lows near $77,600 to trade largely flat, while Grayscale's latest fund surpassed $500 million in assets under management.
Bitcoin experienced volatility, dipping toward $77,600 before recovering to trade little changed for the day.
Grayscale's new fund has successfully crossed the $500 million mark in total assets.