While Bitcoin consolidates above $92,800, active capital is rotating aggressively into mid-cap assets with specific fundamental catalysts.
While Bitcoin consolidates above $92,800, active capital is rotating aggressively into mid-cap assets with specific fundamental catalysts.
Data from CoinMarketCap confirms that Zcash (ZEC), Telcoin (TEL), Bittensor (TAO), Curve DAO (CRV), and KuCoin Token (KCS) emerged as the , posting gains between 6% and 10% to outperform the broader market beta.
At the time of writing, data from CoinMarketCap revealed that ZEC, the ecosystem cryptocurrency, had gained 9.35%, placing it as the highest gainer over the past 24 hours.
The cryptocurrency bounced off a $323.93 low at the beginning of the trading day, surged to a $377.23 local high before retracing to trade for $361.78 at the time of writing. Zcash ranks in the 22nd position by market capitalization, making it one of the top cryptocurrencies in the market.
Telcoin’s native cryptocurrency, , is the second-highest gainer over the past 24 hours, according to data from CoinMarketCap. The cryptocurrency, which claims the 90th position by overall market cap ranking, gained 8.20%, making it the second-highest daily gainer in the cryptocurrency market.
TEL’s price trajectory reveals a notable recovery on the daily timeframe following an upside breakout from market open. The cryptocurrency traded for $).006129 at the time of writing, after opening the trading day at $0.005727.
The third-ranked cryptocurrency by daily gains is , which traded for $310.62 at the time of writing, according to CoinMarketCap’s data.
TAO opened trading at $286.37, experienced a slight pullback to $277.52 before rebounding. The 32nd-ranked cryptocurrency by market cap traded for $310.9 at the time of writing, reflecting a 7.35% daily gain.
gained 6.91% over the past 24 hours to climb into the top 5 gainers of the day. CRV traded for $0.4197 at the time of writing, according to CoinMarketCap’s data, reflecting a notable surge from its daily opening price.
The cryptocurrency ranks 86th by market cap, but has displayed significant bullish momentum after surging from a $0.3921 opening price to achieve a 6.91% profit during the period under review.
KCS, the native crypto of the exchange ecosystem, surged 6.69% over the past 24 hours, according to data from CoinMarketCap.
The cryptocurrency maintained a strong rally over the course of the trading day after an opening price of $10.17. KCS traded for $10.88 at the time of writing and ranked in the 51st position according to market cap classification.
