In brief
- Zcash and Monero were the two best performers among the largest coins over 24 hours, while Bitcoin gained just 0.59% and Ethereum 0.34%.
- Zcash still trades about 19% below its late-September high of $1,698, and Grayscale's Zcash ETF saw $30.25 million in outflows on Sept. 30.
- Macro is holding everything still: the Fed hiked to 3.75%-4.00% on Sept. 16, then September payrolls came in at 29,000 against 84,000 expected.
After weeks of Bitcoin turning heads and climbing the charts, the top of the crypto market is now barely moving. Bitcoin trades at $86,264.06, up 0.59% over 24 hours. Ethereum sits at $2,714.39, up just 0.34%.
The whole market is worth just north of $3 trillion, essentially flat for the day, according to CoinGecko data. The rest of the 12 largest coins are drifting in roughly the same way. Solana gained 1.4% and XRP 1.07%, while BNB lost 0.41% and Tron 0.22%.
