Cryptocurrency Market Sees Mild Recovery with Bitcoin Above $77,000

The cryptocurrency market is experiencing a mild recovery, with Bitcoin trading above $77,000 on Thursday. This easing of downside pressure is also benefiting altcoins, which are showing signs of revival.

According to data from CoinGlass, the total liquidations over the last 24 hours have reached $262 million, with $182 million in short liquidations pointing to a forced bearish positional wipeout.

Hypervelocity (HYPE), Dash (DASH), and Zcash (ZEC) are among the top performers in this rally. Hyperliquid is extending its strong bullish phase, driven by recent ETF inflows worth $22 million. The token has broken above its 200-day Exponential Moving Average (EMA), solidifying its uptrend.

Similarly, Dash and Zcash are maintaining a bullish near-term bias due to the hopes of Zcash Orchard Shielded Pool integration. While their prices hover around key resistance levels, they continue to attract buyers.