Bitcoin Price Stalled; XRP and Zcash Came to the Fore

Stagnation in Bitcoin

Bitcoin is trading at around $111,000 on Monday after the strength seen over the weekend. Ethereum, on the other hand, has fallen back below the $4,000 level.

Positive Developments in XRP and Zcash

Major players like XRP and Chainlink (LINK) have made significant gains. Notably, Zcash saw a 17% increase, highlighting the relative strength of privacy tokens.

Market Analyses

Analysts at Arca indicate that the recent recovery signals more of a structural readjustment rather than a collapse. They state that the reduction in macroeconomic risks has contributed to this situation.