Bitcoin rallies 5% to $81,914 as crypto market cap tops $2.8 trillion

  • Bitcoin climbed to $81,914, lifting total crypto market capitalization above $2.8 trillion.
  • Zcash gained 36% to $1,590, while Hyperliquid reached $94.48.
  • The ETH/BTC trading pair broke a five-year downtrend during the rally.

Bitcoin rose 5% to $81,914 on Sept. 19, helping total cryptocurrency market capitalization reclaim $2.8 trillion and approach $2.9 trillion. Altcoins outperformed, led by Hyperliquid, which reached $94.48 after an 18% weekly gain and a 260% year-to-date increase, and Zcash, which jumped 36% to $1,590. Zcash’s market capitalization moved toward $25 billion, leaving it as the ninth-most capitalized digital asset, although it remained 54% below its Oct. 28, 2016, record of $3,191.93. NEAR gained 75%, Avalanche rose nearly 50%, and ether and XRP advanced between 3% and 6%. Analysts pointed to the ETH/BTC trading pair breaking a five-year downtrend as a potential early altseason signal, while Ted Pillows said any coming altseason would be dominated by quality altcoins.

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Bitcoin rallies 5% to $81,914 as crypto market cap tops $2.8 trillion - CoinPost Terminal