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Crypto market surges $500B in August; Zcash leads with 82% gain, Bitcoin up 25%

Market News
01 Sep 2026
Bitcoin
View Source
Bullish
Crypto market surges $500B in August; Zcash leads with 82% gain, Bitcoin up 25%

In August 2026, the cryptocurrency market rallied strongly, adding about $500 billion to push total market capitalization above $2.7 trillion. This surge was driven by the U.S. Treasury's decision to double bond buybacks and supportive comments from Treasury Secretary Scott Bessent. Bitcoin rose nearly 25%, breaking above $81,000, while privacy coin Zcash outperformed all major cryptocurrencies with an 82% increase. Analysts suggest that if this policy-driven momentum continues, Bitcoin could end 2026 with net gains despite earlier losses.

More News (ZEC)

Zcash price soars from $60 to over $1,500, boosting its market cap to 1.5% of Bitcoin's.

Zcash price soars from $60 to over $1,500, boosting its market cap to 1.5% of Bitcoin's.

Zcash (ZEC), a privacy-focused cryptocurrency, has experienced a significant price increase from around $60 to more than $1,500 in the past year. This surge has raised its market capitalization from less than 0.1% to 1.5% of Bitcoin's market cap, hig...

Market News
Bullish
6 hours ago
Zcash (ZEC) price drops 2.05% in one hour amid $310K liquidations on major exchanges

Zcash (ZEC) price drops 2.05% in one hour amid $310K liquidations on major exchanges

Zcash (ZEC) experienced a 2.05% price decline from $1,429 to $1,400 within one hour on September 29, with a total 24-hour drop of 4.27%. This price movement was accompanied by $280,000 in long position liquidations and $30,000 in short position liqui...

Market News
Bearish
13 hours ago
Zcash price rises 2.23% in one hour amid $580K short liquidations on major exchanges

Zcash price rises 2.23% in one hour amid $580K short liquidations on major exchanges

Zcash (ZEC) saw a 2.23% price increase within one hour, rising from $1,399 to $1,430 as of September 29. During the same period, short liquidations across Binance, Bybit, and OKX totaled $580,000, indicating significant short-selling pressure being f...

Market News
Bullish
14 hours ago
Bitcoin may dip to $80K before rising again, while altcoins offer strong opportunities amid market volatility.

Bitcoin may dip to $80K before rising again, while altcoins offer strong opportunities amid market volatility.

Bitcoin maintains a generally positive outlook despite market volatility, with a possible correction to the $79,000-$82,000 range seen as healthy before resuming its upward trend. Key resistance is at $87,400, and a clear break above this could signa...

Market News
Bullish
15 hours ago
Zcash (ZEC) price drops nearly 10% in 24 hours amid $2.31M long position liquidations

Zcash (ZEC) price drops nearly 10% in 24 hours amid $2.31M long position liquidations

Zcash (ZEC) experienced a sharp decline of 3.98% within one hour on September 29, falling to $1,389 from $1,446. Over the past 24 hours, the cryptocurrency's price dropped by 9.47%. This price movement triggered significant liquidations, with $2.31 m...

Market News
Bearish
18 hours ago
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