Zcash Soars Amidst Bitcoin’s Recovery

Bitcoin saw a brief but significant rebound after Monday and Tuesday’s tumultuous market dip, surging above $104,000 before encountering selling pressure. While XRP has also seen notable gains within the top 50 altcoins, Zcash (ZEC) and Internet Computer Protocol (ICP) have experienced impressive surges exceeding those of XRP. ZEC soared by over 20% in the past 24 hours, reaching a multi-year high above $500, while ICP followed suit with a substantial jump of 24%. Ethereum has seen minimal gains, remaining below $3,400. Meanwhile, XRP surpassed BNB in market capitalization thanks to its 3.7% surge.