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    Home»Cryptocurrency»Zcash (ZEC) Jumps 8% Daily, Bitcoin (BTC) Calms at $78K: Weekend Watch
    Cryptocurrency

    Zcash (ZEC) Jumps 8% Daily, Bitcoin (BTC) Calms at $78K: Weekend Watch

    CryptoGateBy CryptoGateMay 2, 2026No Comments3 Mins Read
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    HASH and SIREN have charted probably the most positive aspects day by day after ZEC.

    Bitcoin’s worth jumped from $76,000 to nearly $79,000 on Friday after the newest stories on the US-Iran warfare entrance, however retraced barely and calmed at round $78,000.

    Most altcoins have posted minor positive aspects over the previous 24 hours, together with ETH, which has climbed to $2,300, and HYPE, which has neared $42.

    BTC Faucets $78K

    The earlier enterprise week started with a notable surge from the first cryptocurrency. After it traded sideways at round $77,000 over that weekend, the asset jumped to $79,500 for the second time up to now week. Nevertheless, similar to it occurred throughout the first try, the bears had been fast to intervene and pushed it south arduous.

    At first, BTC dipped to $77,500 earlier than one other leg down drove it to $76,500. The bears saved the strain on, and the cryptocurrency slipped to $75,750 on Tuesday. After a failed restoration try at $77,750, bitcoin slumped to a weekly low at $75,000 after the US Federal Reserve kept the interest rates unchanged for the third consecutive time in 2026.

    After that native backside, BTC bounced off to $76,500 on Thursday and as much as nearly $79,000 yesterday after reports that Iran had despatched one other peace proposal to the US. Nevertheless, bitcoin was stopped there after the POTUS mentioned the proposal was not ok, and now trades inches above $78,000.

    Its market capitalization has stalled at $1.570 trillion, and its dominance over the alts stays effectively above 58% on CG.

    BTCUSD Could 2. Supply: TradingView

    ZEC Pumps Once more

    Ethereum has returned to $2,300 after a minor 1% improve. XRP stays beneath $1.40 regardless of an analogous day by day soar, however many analysts anticipate a significant transfer within the making. HYPE is the highest performer from the biggest 15 alts, gaining 3% to nearly $42.

    ZEC has stolen the present from the highest 100 alts, surging by nearly 8% to $380. HASH and SIREN comply with swimsuit, with positive aspects of round 6% every. TAO is up by 5% to $273. TRX and BCH have additionally posted minor positive aspects, whereas BNB and LINK are barely within the crimson.

    The cumulative market cap of all crypto belongings has remained comparatively secure at $2.680 trillion on CG.

    Cryptocurrency Market Overview May 2. Source: QuantifyCrypto
    Cryptocurrency Market Overview Could 2. Supply: QuantifyCrypto

     

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