Bitcoin and decentralized finance (DeFi) markets rebounded last week, recovering from a late September slump. Bitcoin surged past $120,000, marking its highest level since August 14, amid increased demand for safe-haven assets due to U.S. government shutdown concerns. Capriole Investments founder Charles Edwards forecasts Bitcoin could reach $150,000 by year-end.
Zcash emerged as a standout performer, soaring 157% over the week, according to Cointelegraph Markets Pro and TradingView data. The digital asset's impressive gains highlight renewed investor interest in privacy-focused cryptocurrencies.
Bitcoin and Zcash Lead Crypto Market Recovery
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