Crypto Market Hits $2.82T as BTC Tops $81K and ZEC Surges

The global crypto market capitalization reached $2.82 trillion on September 3, a seven-month high, driven by gains in several top cryptocurrencies.

Zcash led the charge with a 16.5% increase, followed closely by Cardano at 13%. Bitcoin traded above $81K, up 5.4%, while Dogecoin and XRP each rose around 10%.

ETF inflows and over-the-counter activity were cited as key drivers of the surge in BTC's price, with some analysts expecting a gradual climb towards $100,000 by year-end.

However, others cautioned that further drawdowns remain possible, citing concerns over government debt and looser monetary policy.