Crypto Giants BTC, HYPE, ZEC, KAS Prepare for Crucial Tests This Week
Bitcoin and three other cryptocurrencies - Hyperliquid (HYPE), Zcash (ZEC), and Kaspa (KAS) - are set to face crucial tests this week, with significant technical or fundamental milestones on the horizon.
The strong institutional demand for Bitcoin has pushed its price above $87,000, but it still faces a key resistance level in the same range. The recent jobs report showed weaker-than-expected numbers, which could ease concerns about further monetary tightening from the US Federal Reserve.
Meanwhile, Hyperliquid's native token HYPE is enjoying a strong run, reaching consecutive all-time highs due to expanding protocol activity and ecosystem development. Its users can now borrow USDC or USDT using HYPE and BTC as collateral.
Zcash (ZEC) has seen massive price gains in the past year, reaching $1,600 for the first time in a decade. The network is preparing its seventh major upgrade on November 5, which will reduce block time from 75 seconds to 25 and retain Zcash's existing halving structure.
Kaspa's recent developments have focused on expanding what developers can build on the network, including UTXOs, covenants, transaction introspection, and native zero-knowledge verification. Its price has soared by roughly 50% in the past month, making the $0.50 level a key target.