Bitcoin price recovery continues, XMR and ZEC both shine

Bitcoin prices gradually recovered over the weekend, rising above $86,000 again after falling below $81,000 on Friday, the lowest level in seven months.

Ten days ago, Bitcoin prices broke below the $100,000 mark downwards, and the currency has continued to bleed over the past week under pressure from a strong selling wave led by major currency holders and exchange-traded funds.

The losses worsened on Friday, with the stock losing more than $8,000 in just 12 hours.

However, buyers were later able to stabilize the price above $80,000, so the coin rallied again and broke above $86,000 this morning, giving it a market capitalization of approximately $1.72 trillion and dominance of approximately 57%.

In terms of alternative currencies, Ethereum gained more than 3% and traded above $2,800, while XRP returned to the $2 level after rising by 7%.

BNB, SOL, DOGE, ADA and BCH also saw significant improvements.

However, the biggest surprise came from ZEC and

In comparison, HYPE fell about 5% to under $32.

Several other mid-cap tokens also recorded decent gains, such as CRO, HBAR, MNT, TAO, and AAVE.

According to data from the Coingecko platform, the digital market added a total of more than $60 billion in one day, bringing the total market capitalization back above $3 trillion.

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