Bitcoin Rally Pauses as The Market See Healthy Reset, XRP And Zcash Gain Ground
The post Bitcoin Rally Pauses as The Market See Healthy Reset, XRP And Zcash Gain Ground appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) appeared to be on track to retest the $115,000 level on Oct. 21, marking a solid rebound since bottoming below $105,000 on Oct. 17, still processing the flash crash that occurred in early October. Meanwhile, digital asset firm Arca argued this pullback is part of a healthy reset and shouldn’t be considered the start of the end of Bitcoin’s bull cycle. This is actually the positioning reset markets needed to form a stronger base to journey to new highs. And here’s the token tipped to lead the next leg up: Digitap ($TAP). A crypto upstart in its presale phase offers investors an opportunity to get ground-floor access to the world’s first omni-bank. Source: Digitap How A Safe-Haven Selloff Can Fuel An Altcoin Turn Tuesday was an interesting day for the crypto market. Gold and silver prices plunged hard while some shifted capital into Bitcoin. The world’s largest cryptocurrency rallied in a single day from around $107,500 to about $114,000. But momentum faded, and Bitcoin drifted back to the $107,000 level before bouncing yet again. While the crypto Fear & Greed Index remains in “deep fear” territory, Arca’s analysts maintain the recent drop was a “structural reset, not a collapse.” The subsequent rebound is accordingly not “just a dead-cat bounce.” The analysts note improving metrics, like exchange volumes rising 15% week over week, open interest in decentralized futures rising again, and liquidity returning to markets. XRP Firms As Zcash Leads — Divergence In A Weak Tape Ripple (XRP) was one of the tokens that sustained momentum while Bitcoin’s price gave up its gains. Traders and analysts appear to be taking a closer look at the hotly debated token. The recent acquisition of GTreasury and partnership with Hidden Road may have been underappreciated by some investors. While many had viewed…
Filed under: News - @ October 24, 2025 7:24 pm