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Over the weekend, recovery trends captured attention in the cryptocurrency market. After falling below $81,000 on Friday, Bitcoin $86,660 retested the $86,000 level. While the market displayed a green picture overall, privacy-focused altcoins like Monero (XMR) and Zcash (ZEC) stood out with strong rallies.
Bitcoin’s Bullish Reaction
The largest cryptocurrency, Bitcoin, accelerated its decline after dropping below $100,000 last week, moving below $90,000 for the first time since April on Tuesday. A severe selling wave on the last business day of the week slashed $8,000 off the price in less than 12 hours, dragging it down to…
