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Against a backdrop of split Fed rate expectations, the crypto complex recorded a broad advance.
Total digital asset market cap climbed to $2.82 trillion as bitcoin topped $80,000, and the session extended the move into equities: crypto-related stocks, including Strategy, rallied alongside digital assets in what shaped up as a coordinated risk move across asset classes.
Zcash led the advance within the crypto market. The token paced the sector-wide move; its position at the front of a macro-driven rally reflects broad-based demand rather than rotation within a narrowing field.
The rate environment behind the numbers Fed rate expectations remained split through the advance, and that split is the context that matters.
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