Weekly Crypto Recap: Bitcoin Rises as ZEC Delivers Strong Gains

The crypto economy posted a 2% weekly gain in early September, briefly reaching a total market capitalization of $2.82 trillion before settling just under $2.8 trillion.

Bitcoin Leads With a Three‑Month High

Bitcoin rose to over $82,200 on September 3, its highest level in more than three months. The rally helped push the overall market cap past $2.8 trillion. After a short pullback, Bitcoin closed the week 1.2% higher, maintaining a market cap of roughly $1.6 trillion.

Zcash Drives Altcoin Momentum

Zcash (ZEC) posted the strongest weekly performance among large‑cap assets, jumping nearly 40% and breaking the $1,200 price level for the first time since 2016. The surge lifted ZEC into the top‑10 by market cap, displacing HYPE and securing the ninth spot.

Other Notable Altcoin Moves

• Binance Coin (BNB) rose 7%, hitting a multi‑month high of $779 and briefly exceeding a $100 billion market cap before consolidating near $750.
• Monero (XMR) and Cardano (ADA) each gained 7%.
• Ethereum (ETH) slipped 0.5%.
• XRP fell 0.4% and Solana (SOL) also declined 0.4%.
• TRX dropped 1.6%, RAIN fell 3.5%, and LEO slipped 2.9%.

Altcoin Market Outlook

Despite some individual losses, the broader altcoin sector posted a 2.2% weekly increase, rising from $1.15 trillion to $1.17 trillion. Gains from most coins outweighed the declines, keeping the altcoin market in positive territory.