XMR, ZEC Skyrocket Again as BTC Price Recovery Continues: Weekend Watch

The two privacy coins are currently the biggest winners.

Several altcoins have delivered more impressive gains since yesterday, including Ripple’s XRP. ZEC is back on the attack, and so is XMR.

BTC Back to $86K

It was about ten days ago when the primary cryptocurrency finally broke below $100,000 and has not been able to recover since. On the contrary, as the situation only worsened over the past business week. The bears were in complete control for most of the week as they pushed assets south below $90,000 on Tuesday for the first time since April.

They kept up the pressure over the next few days and the climax occurred on Friday. At the time, Bitcoin lost more than eight thousand dollars in the space of just twelve hours, falling below $81,000, marking a new seven-month low, amid increasing selling pressure from whales and ETF investors.

After this disaster, the bulls finally took action and helped BTC stay above $80,000. On Saturday and earlier today, the price climbed a little further, rising above $86,000. Its market cap has risen to $1.720 trillion, while its dominance over alts on CG is almost 57%.

ZEC, XMR on the rise

Ethereum has added more than 3% in value over the past day and is now trading above $2,800. XRP has regained the $2.00 level after a more impressive 7% rise. BNB, SOL, DOGE, ADA and BCH are also well in the green.

ZEC and XMR have emerged as today’s best performers, up 14% and 16% respectively. As a result, ZEC is almost $580, while Monero’s token is $400. In contrast, HYPE has fallen almost 5% to below $32.

CRO, HBAR, MNT, TAO and AAVE have also made impressive gains among the bigger alts.

The total crypto market cap has added more than $60 billion daily and has reclaimed the $3 trillion mark.