Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its price surged over 130% in 30 days. Historically, such flips have preceded sharp corrections in altcoins due to leveraged positions unwinding in thin markets. Bitcoin remains steady near $79,500, but the current market shows signs of greed and fragility, suggesting potential volatility ahead if funding costs rise or Bitcoin's price moves significantly.
Bitcoin increased by 2.9% to $83,802, with other major cryptocurrencies like XRP, Dogecoin, Ether, Solana, and BNB also posting gains. XRP led the top six assets with a 5.03% rise, while the total crypto market capitalization slightly decreased by 0....
Zcash (ZEC) surged 2.13% within one hour to $1,286 on October 21, marking an 11.81% gain over 24 hours. This price increase was accompanied by significant short liquidations totaling $330,000 across Binance, Bybit, and OKX, far exceeding the $40,000 ...
Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...
A price model dated August 26 projects Zcash (ZEC) will peak at $1,719.08 in 2027, below the $2,000 mark, with a low of $848.25 and an average of $1,211.75 for that year. The model's highest monthly estimate for 2027 does not exceed $2,000, though a ...
Monero (XMR) fell 5.1% to $576, retreating from a recent high of $627, while Zcash (ZEC) rose 9.8% and Bitcoin (BTC) gained 0.9% over the same 24-hour period. The drop in Monero followed increased open interest in its derivatives, which could trigger...
