ZEC Unfazed by Market Crash With Another Surge, BTC Calms Below $112K: Weekend Watch

Following the massive meltdown experienced on Friday evening and Saturday morning, bitcoin has expectedly calmed at around $112,000. Most altcoins have shown similar behavior over the past day, but there are some gainers even from the larger caps, such as ￰0￱ Calms at $112K The business week began in an impressive manner for the BTC bulls as the cryptocurrency skyrocketed to two consecutive all-time highs last Sunday and ￰1￱ latest record came at just over $126,000. What followed was a minor correction and sideways trading at around $122,000. That level held until Friday evening when the US President Donald Trump threatened and then officially announced a new set of tariffs against ￰2￱ the span of just a few hours, bitcoin’s price tumbled from $122,000 to $101,000 on some ￰3￱ caused a cascade of liquidations, which became the single-largest day of wrecked positions worth over $19 billion, according to ￰4￱ bounced off as most short positions were closed and briefly exceeded $114,000, which only intensified the ￰5￱ has failed there for now and sits close to $112,000 as of press ￰6￱ market cap has tumbled to under $2.230 trillion on CG, but its dominance over the alts is above 58%.

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