Are privacy coins back? Zcash leads gains among the big names
ZEC stood out the most among the major coins, gaining nearly 7% and moving toward US$ 1.270, while Solana and Dogecoin each rose 2.5%.
On a day when the market is waiting for U.S. inflation data, investors are looking for different narratives. Privacy-focused Zcash is back in the spotlight.
Privacy coins always return to the hype when regulation and financial freedom enter the conversation.
This is not a buy recommendation, but it’s worth studying each project’s use case before investing.
What could today’s U.S. CPI report mean for Bitcoin?
The U.S. inflation index (CPI) comes out today. It’s the last inflation reading before the Fed’s decision on October 28.
If inflation comes in above expectations, the odds of interest rate hikes increase, bond yields rise, and crypto and stocks both come under pressure.
If it comes in line with or below expectations, Bitcoin could have room to retest US$ 85.000.
New York Fed President John Williams said he sees no need for further rate hikes in 2027, which has already weakened the dollar and helped BTC rise 1.5% yesterday.
Stay alert: volatility is expected to increase around the time of the announcement. Avoid leveraged trading.
Layer2 sector surges 2.90%, leading the recovery. OP climbs nearly 20%
The market caught its breath on Tuesday and Wednesday, led by the Layer2 sector, which rose 2.90% in 24 hours.
Highlights: Optimism (OP) surged 19.98% and zkSync (ZK) rose 10.69%. Bitcoin gained 1.21%, breaking US$ 83.000, and Ethereum rose 1.88%, above US$ 2.500.
Other sectors also rebounded: AI rose 2.57%, PayFi gained 2.30%, with Zcash up 7.79%, and DeFi climbed 1.56%, with Uniswap up 6.06%.
This points to a rotation of capital: when BTC stabilizes, money seeks higher-beta assets in Layer2 and AI. If you’re unfamiliar with Layer2, these are solutions that make Ethereum faster and cheaper.
Bitcoin holds above US$81,000 after US$774 million in liquidations. What comes next? The crypto market saw another volatile day. Bitcoin fell below US$81,000 and then recovered to around US$83,700. The drop liquidated around US$774 million, primarily from leveraged long positions, amid macroeconomic uncertainty and weakness in Asian stock markets. Preliminary data shows institutional flows improving, with approximately US$110 million in net inflows into U.S. spot Bitcoin ETFs and US$25 million into Ethereum ETFs on October 13.
How Binance Refer2Earn works and how to earn up to 400 USDC together
Are you just getting started on Binance? There’s a way to get started with a bonus.
Binance has launched the Refer2Earn campaign, where both the person who invites someone and the person who joins earn rewards by completing simple tasks.
What is it? It’s an official Binance referral program. Sign up using a friend’s link, complete the security steps, and earn USDC vouchers.
How to participate, step by step:
1. Create your account using a referral link Use an official link to join the campaign.
2. Complete verification (KYC) This is identity verification. It’s required for your security and to unlock withdrawals and rewards.
3. Make your first deposit and trade The campaign usually requires a minimum deposit and a spot trade. Check the official campaign page for active tasks.
4. Claim your reward Once you’ve completed the tasks, your USDC voucher will be available in your Rewards Hub. Both you and the person who invited you will earn rewards.
Important tips: - Always use Binance’s official website or app. - Read the tasks on the Refer2Earn page first; the rules may change over time. - Crypto is risky and volatile. Start small, do your research, and never invest more than you can afford to lose.
Want to get started with me? My invitation is active:
My code: GRO_28502_EOEU8 Link: https://www.binance.com/referral/earn-together/refer2earn-usdc/claim?hl=pt-BR&ref=GRO_28502_EOEU8