Altcoins Outpace Bitcoin in Rebound, but Weekly Losses Remain
- —Bitcoin trades around $82,100, up about 2% over 24 hours
- —Zcash jumped 13% to $1,223; Ethereum rose 4.3% to $2,450 and Solana 4.8% to $106
- —ETH is still 1.9% below its Oct. 13 close, XRP 2.2% lower and SOL 0.6% lower
- —The bounce followed a brief drop below $80,000 and forced short covering
Why it matters: The recovery looks fragile: with Fed rate expectations in flux, fresh inflation data could quickly knock prices down again.
Source: Crypto Insiders