The global cryptocurrency market experienced a rapid surge, adding $70 billion in value within just 30 minutes on October 1. The total market capitalization increased from $3.87 trillion at 10:25 AM CET to $3.94 trillion by 10:55 AM CET, and continued to rise to approximately $3.95 trillion. This represents a $100 billion or 2.5% increase from the previous day's $3.85 trillion valuation. Zcash (ZEC) emerged as a standout performer during this surge, climbing 40% in 24 hours. This significant price movement propelled Zcash from the 72nd to the 65th largest cryptocurrency by market capitalization.