Zcash surges 10% past $1,600 as crypto market gains momentum

  • Zcash outperformed major cryptocurrencies, rising approximately 10% above $1,600.
  • Bitcoin traded around $86,900, gaining approximately 1% over 24 hours.
  • Investors monitored U.S. tokenization rules and Strategic Bitcoin Reserve legislation.

Zcash led major cryptocurrencies on Wednesday, rising approximately 10% to just above $1,616 during the Asian trading session. Bitcoin held near $86,900, up about 1% over 24 hours and recently above $87,000 for the first time since the final days of January. XRP gained roughly 6%, while Dogecoin and Hyperliquid rose about 4%; Ethereum, BNB and Solana advanced less than 1%, and Tron fell approximately 1%.

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