{"id":52219,"date":"2026-11-11T10:28:09","date_gmt":"2026-11-11T10:28:09","guid":{"rendered":"https:\/\/cryptd.in\/zcash-zec-dumps-below-1k-bitcoin-btc-struggles-at-74k-after-cpi-reading-market-watch\/"},"modified":"2026-11-11T10:28:09","modified_gmt":"2026-11-11T10:28:09","slug":"zcash-zec-dumps-below-1k-bitcoin-btc-struggles-at-74k-after-cpi-reading-market-watch","status":"publish","type":"post","link":"https:\/\/cryptd.in\/zh\/zcash-zec-dumps-below-1k-bitcoin-btc-struggles-at-74k-after-cpi-reading-market-watch\/","title":{"rendered":"Zcash (ZEC) Dumps Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Reading: Market Watch"},"content":{"rendered":"

The higher-than-expected CPI numbers for October resulted in another major leg down for bitcoin yesterday, with the asset plunging below $73,000, thus charting a near-three-month low.<\/p>\n

The altcoins shed tons of value once again, and ZEC leads the pack. The privacy token has tanked the most over the past 24 hours, dropping below $1,000 for the first time since early September.<\/p>\n

BTC Keeps Struggling<\/h2>\n

It was just a week ago when the markets rebounded from the midterm election shock, in which the Democrats won decisively on numerous fronts. Bitcoin had dropped from $78,000 to $75,600 before it skyrocketed<\/a> to $81,000 as the uncertainty seemingly vanished.<\/p>\n

However, that rally was short-lived, and the bears were back in control less than 24 hours later. The so-called Thursday crash drove Wall Street and crypto south hard, with BTC plummeting from almost $81,000 to $75,200. It dipped further on Friday to $74,800 before it recovered some ground during the weekend and remained close to $76,000.<\/p>\n

Monday began with another nosedive, taking BTC to $73,600. All eyes turned to the US CPI on Tuesday, with bitcoin remaining close to $74,000 ahead of the announcement. Once the MoM data came out higher than expected<\/a>, bitcoin crashed<\/a> further to under $73,000 for the first time since mid-August.<\/p>\n

Although it has rebounded by a grand since then, it still struggles below $74K. Its market cap is well below $1.5 trillion on CMC, but its dominance over the alts has increased slightly to 60.5%.<\/p>\n

\"BTCUSD<\/a>
BTCUSD November 11. Source: TradingView<\/figcaption><\/figure>\n

ZEC Leads the Pack<\/h2>\n

Zcash is the poorest performer over the past 24 hours. The privacy coin has tanked by 13% and sits below $1,000 as of now. Its main rival, on the other hand, is up by 5.6%. As a result, XMR sits above $575. BTW is the other big gainer today, surging by 10% to $1.08. AVAX has added another 4% of value and trades close to $8.7.<\/p>\n

In contrast, most other larger-cap alts are in the red. ETH has defended the $2,000 support, but it\u2019s still 1.6% down on the day to $2.055. BNB is down to $680, while XRP has tanked to $1.06. SOL, DOGE, HYPE, UNI, QNT, and RAIN have posted losses as well.<\/p>\n

The total crypto market cap has declined by another $40 billion in a day, and it\u2019s down to $2.450 trillion on CMC.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n

\u00a0<\/p>\n

\u804c\u4f4d Zcash (ZEC) Dumps Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Reading: Market Watch<\/a> \u9996\u6b21\u51fa\u73b0\u5728 \u52a0\u5bc6\u571f\u8c46<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The higher-than-expected CPI numbers for October resulted in another major leg down for bitcoin yesterday, with the asset plunging below $73,000, thus charting a near-three-month low. The altcoins shed tons of value once again, and ZEC leads the pack. The privacy token has tanked the most over the past 24 hours, dropping below $1,000 for […]<\/p>\n","protected":false},"author":1,"featured_media":52221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-52219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nZcash (ZEC) Dumps Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Reading: Market Watch - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/zh\/zcash-zec-dumps-below-1k-bitcoin-btc-struggles-at-74k-after-cpi-reading-market-watch\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zcash (ZEC) Dumps Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Reading: Market Watch - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The higher-than-expected CPI numbers for October resulted in another major leg down for bitcoin yesterday, with the asset plunging below $73,000, thus charting a near-three-month low. 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