Bitcoin Shows Strong Recovery to Nearly $80K After Brief $75.5K Slide

TL;DR

• Bitcoin rebounded from $75,500 to around $77,500 after reaching nearly $80,000 on Friday, leaving BTC 21% higher than a week earlier.
• Zcash approached $900, Ethereum moved above $2,450, XRP neared $1.50 and BNB touched $700 as momentum broadened beyond Bitcoin.
• Total crypto market capitalization rose about $30 billion to $2.680 trillion, although ENA, PUMP and XMR declined, showing the recovery remained uneven across major and mid-cap assets.

Bitcoin recovered sharply toward $80,000 after a weekend correction dragged the asset to $75,500, extending a volatile run that began with last week’s breakout above $65,000. BTC initially surged to $70,000, suffered a quick rejection, then climbed to $72,000 before reaching almost $80,000 on Friday for the first time in more than three months. The remarkable part is how quickly buyers returned after a $4,500 pullback threatened to interrupt the rally. Bitcoin later rebounded toward $78,000 and was trading around $77,500, up more than 21% from the same time last Monday.

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