.png){kind=logo}
Bitcoin holds near USD 81,323, up 1.1% in 24 hours, as ETF inflows return and the Fed signals one more rate hike before year-end.
Zcash leads the top 10 with a near 5% gain, followed by BNB and XRP, as institutional demand fuels a broader altcoin rally.
The CLARITY Act stalls again in the Senate while Solana's speed upgrade and Deutsche Bank's custody plans support long-term crypto sentiment.
Bitcoin clawed back most of last week's losses and now sits comfortably above the psychological USD 80,000 mark. The recovery follows a volatile stretch triggered by the Federal Reserve's latest rate decision and a failed Senate vote on crypto market structure legislation. Spot ETF flows have turned positive again, and that shift is giving desks more confidence heading into the new week.
Total crypto market capitalization stands near USD 2.74 trillion, with Bitcoin dominance holding above 58%. Zcash, Solana, and Hyperliquid remain the standout performers this month, while large-cap names like Ethereum and BNB post steadier, more measured gains.
Bitcoin trades at USD 81,323.85, up 1.1% over the past 24 hours, according to CoinGecko data. Its market capitalization stands near USD 1.63 trillion, with 24-hour volume around USD 24.5 billion. Bitcoin gained close to 4.9% over the past seven days.
Below is today's Daily Quote roundup from leading crypto market analysts on Bitcoin's near-term structure.
Prateek Gupta, Head of Business at Mudrex, said Bitcoin staged a sharp rebound after dipping below USD 75,000 earlier this month. Regulatory relief, including a fresh SEC exemption for tokenized-stock trading, helped sentiment turn firmer. Spot ETFs swung back to net inflows through the week. Gupta pointed to USD 83,000 as resistance, with support holding near USD 77,700.
CoinSwitch's Markets Desk noted Bitcoin climbed off its recent lows to reclaim levels above USD 80,000. Total market capitalization pushed back toward USD 2.9 trillion during the rally. Hyperliquid and Zcash led altcoins higher, with Zcash gaining over 36% on the move. Improving breadth across large-cap altcoins suggests sentiment grew more constructive this week.
Also Read: Bitcoin Falls Toward $80K as Middle East Tensions Pressure Crypto Market
Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin reclaimed its major moving averages after last week's sell-off. US spot ETFs closed the week with a modest net inflow after heavy midweek redemptions were offset late on. Sehgal flagged USD 81,800 to USD 82,500 as the key resistance zone, with USD 80,000 acting as first support.
Source: CoinGecko, prices as of today's session.
Zcash led the top ten again, adding close to 5% on steady institutional demand. BNB and XRP followed with gains above 2.5%, while Solana extended its climb past 2% on strong network activity. No coin in the top ten slipped into the red today, and both stablecoins held their peg without any noticeable drift.
The Senate's cloture vote on the CLARITY Act fell short once more this week, leaving crypto market structure rules in limbo. Lawmakers on both sides voiced frustration over the delay. Industry groups called the setback a blow after years of pushing for clearer digital asset rules.
Traders largely brushed off the outcome since most desks had already priced in the delay. Bitcoin barely reacted to the news, holding steady through the session. Analysts say the bill's failure removes a near-term catalyst but does not change the broader institutional adoption trend underway.
The Federal Reserve's latest dot plot points to another rate increase before the year closes out. Officials cited resilient growth data alongside inflation that remains above target levels. The signal keeps liquidity conditions tight for risk assets heading into the final quarter.
Bitcoin absorbed the update calmly, staying above key support through Monday's session. Equity markets also held firm, with the S&P 500 and Nasdaq both trading higher. Desks say the calm reaction reflects how well the hike had already been anticipated by traders.
Zcash keeps outpacing every major coin this month, supported by growing institutional buying and rising shielded-pool activity. A newly filed Zcash-linked product added further fuel to the ongoing move. The token became the standout privacy play of this entire cycle.
Analysts note that shielded transaction volume climbed sharply over recent sessions. Interest from larger holders appears to be building steadily rather than fading quickly. Several desks now see Zcash as the clearest expression of renewed appetite for privacy-focused digital assets.
Solana reduced its target slot time from 300 milliseconds to 250 milliseconds this week. The change further shortens block confirmation speeds across the network. Developers say the upgrade strengthens Solana's pitch as a high-throughput settlement layer for trading activity.
The network also saw a steady rise in decentralized application usage recently. That activity helped support price gains alongside the broader altcoin rally. Traders are watching whether faster confirmation times attract additional trading volume in the coming sessions.
Deutsche Bank is reportedly advancing plans to offer Bitcoin and Ethereum custody services for institutional clients. The move signals growing comfort among traditional lenders with digital asset infrastructure. Analysts view this step as another pillar supporting long-term institutional demand for crypto.
Banks entering custody services typically bring stricter compliance standards to the space. That shift could open crypto exposure to a wider pool of regulated investors. Market watchers say such moves often precede broader product rollouts from similar financial institutions.
On-chain trackers flagged a large rotation of funds from Bitcoin into staked Ether this week. One wallet reportedly moved close to USD 86 million into Ether positions. A separate trader rebought Ether after booking a sizable profit last month.
Such large wallet movements often draw attention from retail traders watching on-chain data. Analysts caution that whale activity alone does not guarantee sustained price direction. Ether still managed to hold its footing above the USD 2,600 level through these swings.
Also Read: Ripple CLO Calls for Crypto Unity After the CLARITY Act Senate Setback
Zcash's continued surge points to fresh rotation into privacy-focused assets this quarter. That kind of strength shows capital actively hunting for outperformance beyond Bitcoin and Ethereum. Bitcoin's steady hold above USD 81,000 reflects resilient demand despite a heavy policy week.
The Fed's tightening bias keeps liquidity-sensitive assets exposed to pressure in the near term. ETF inflows suggest institutional buyers are returning cautiously after last week's volatility. Solana and BNB's steady gains point to healthy rotation across large-cap altcoins today. Desks recommend disciplined position sizing until macro and policy signals firm up further.
1.What is the Bitcoin price today?
Bitcoin trades near USD 81,323.85, up 1.1% over the past 24 hours, according to CoinGecko data. Support holds close to USD 80,000, while resistance sits near USD 83,000 across major trading desks this week.
2.Why did Zcash surge today?
Zcash gained nearly 5% today on continued institutional buying and rising shielded-pool activity. A newly filed Zcash-linked product added further momentum, making it the standout privacy coin performer of the current market cycle.
3.What is the biggest crypto news today?
Today's top headlines include the Senate's stalled CLARITY Act vote and the Fed's dot plot signaling one more hike. Zcash's institutional rally and Deutsche Bank's custody plans also remain key talking points for traders.
4.Which coins are performing best today?
Zcash leads the top ten with a near 5% daily gain, followed by BNB and XRP above 2.5%. Solana also extended gains past 2%, and no top-ten asset closed lower today.
5.What should investors watch this week?
Track Fed commentary, ETF flow data, and any renewed legislative movement on crypto market structure. Solana's network upgrade and Ethereum whale activity also weigh on near-term price direction.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
