ZEC Skyrockets by 13% in 24 Hours, BTC Price Reclaims $83K: Market Watch

ZEC rose 13% to $1,267 on October 21, leading a crypto rally in which bitcoin climbed above $83,000 and briefly reached $83,600 for the first time since a pullback began the previous Wednesday. Ether gained 3.4% to over $2,450 and XRP rose 4.5% to $1.35. Bitcoin had dropped from above $84,000 to just under $80,000 after U.S. CPI and PPI data showed persistent, slightly higher-than-expected inflation, but it rebounded despite expectations of a Black Monday crash. The total crypto market capitalization increased just over 2% to $2.780 trillion.