ATOM and ZEC are surging again as BTC rebounds from a new seven-month low: Market Watch

ATOM is the biggest winner today, followed by ZEC and PI.

Ethereum also fell hard, but has returned to $3,000, BNB is flirting with $900, while ZEC continues to trade higher.

BTC’s latest local low

Recall that just over a week ago, Bitcoin was rejected at $107,000 as positive developments in the US failed to provide the necessary bullish momentum for the asset to jump past $110,000. The next ten days were quite violent, starting last Thursday with a nosedive to less than $100,000.

This time, the bulls could not intervene in time and BTC continued to fall to $94,000 the next day. Over the weekend, the price finally found some relief and remained sideways between $94,000 and $96,000. But on Sunday afternoon the bears returned and drove it further south to $93,000.

The start of the current business week has been quite painful and the cryptocurrency fell below $90,000 and hit a seven-month low. Although it rose to $94,000 yesterday, it was quickly rejected and pushed back below $90,000, this time at $88,400 (on Bitstamp), a level last seen in April 2025.

It has since managed to recover some ground, but is still below $92,000 at the time of writing. Its market cap stands at $1.830 trillion, while dominance over alts still stands at 57%.

ZEC, ATOM on the rise

Ethereum fell hard yesterday, losing the $3,000 level and even $2,900 to reach $2,880. The subsequent rebound, as seen by analysts, is perfect preparation for a launch, and assets have returned to $3,000 as of now. Binance Coin is at $900, after a small decline since yesterday. while XRP, TRX, DOGE and ADA are slightly in the red.

SOL, HYPE, BCH and LINK, on ​​the other hand, are in the green. ZEC is up another 8% to $675, while ATOM has added 12% in value and now sits above $3. Pi Network’s native token is up 8-9% on positive regulatory news.

However, the total cryptocurrency market cap lost about $20 billion in one day, falling to $3.210 trillion on CG.