Bitcoin Reclaims Losses, Strong Cash Flow into Zcash ETF

Bitcoin recovered after testing below $78,000, while Zcash surged to $1,180 following a $70 million net inflow into Grayscale’s ETF.

Bitcoin Reclaims Losses, Strong Cash Flow into Zcash ETF

Bitcoin's Short-Term Dip and Recovery Bitcoin fell to $77,600 on Tuesday, testing a break below $78,000.
The decline was followed by a swift rebound that pushed the price back above the $78,000 mark.
Zcash ETF Inflow and Market Impact Since the launch of Grayscale’s Zcash ETF (ticker: ZCSH) on August 25, the fund has attracted more than $70 million in net inflows.
DCG International Investments added $100 million, taking the fund’s assets over $500 million.
As a result, Zcash (ZEC) gained roughly 43 % on a weekly basis, climbing above $1,180 and boosting its market capitalization to about $20 billion.
The ETF holds over 550,000 ZEC, representing roughly 3 % of the total circulating supply.
Performance of Other Cryptocurrencies BNB rose about 2 %, while Tron and XRP gained around 1 % each.
The overall cryptocurrency market cap remained near $2.8 trillion.
Market Outlook and Future Expectations Analysts view $75,000 and $82,000 as key short‑term support and resistance levels for Bitcoin.
Upcoming U.S.
inflation data and the Fed meeting on September 15‑16 are expected to dominate investor focus.
The continuation of ETF launches will also be a critical factor shaping market direction.

Sources

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