Bitcoin Retreats Toward $81,000 as Ether and Zcash Lose Ground
- —Bitcoin traded at $81,246 on Coinbase, down 1.28% from its rolling open
- —Ether fell to $2,401.66, losing 1.99%
- —Zcash dropped 7.91% to $1,134.14 after leading the earlier rally
- —US import prices rose 1.1% in September and 8.1% year-over-year
Why it matters: The pullback after the afternoon rebound shows how fragile the recovery is; holding above $81,000 will determine whether Bitcoin can retake $82,000.
Source: Bitcoin Insider