Crypto Recovery Gains Steam: Zcash and Solana Lead Rally - December 12, 2025, 10:30 AM IST
Bitcoin rises 2.16% to $92K, Solana leads with 4.56% gain to $137, Zcash jumps 12% to $459 amid volume surge, Ethereum and XRP also up despite contracting volumes. Funding rates signal recovery momentum.
Friday delivers a broad-based rebound across majors following yesterday's selloff, with Zcash and Solana posting the strongest gains amid mixed volume signals:
- Bitcoin climbs 2.16% to $92,000 as volume contracts 18.4% to $747.85M, funding neutral at 0% confirming reduced leverage during the bounce.
- Ethereum advances 1% to $3,200 with volume down 9.88% ($429.25M), funding steady at 0.03% as ETH regains recent highs.
- Solana surges 4.56% to $137.06, volume falls 13.91% ($173.99M), funding at 0.73% amid ETF-driven recovery momentum.
- XRP edges up 0.61% to $2.03 on sharply reduced volume (-20.56%, $160.73M), funding at 0.49% showing cautious positioning.
- Zcash explodes 12% to $458.75 with volume spiking 36.39% ($130.04M), funding drops to 0.22% after extreme speculation unwind.
Market Insights
- Volume contraction in most assets suggests profit-taking exhaustion from yesterday's downside, creating room for technical rebounds.
- Zcash's double-digit surge with volume expansion confirms privacy coin leadership amid broader market recovery.
- Solana's outperformance ties to ETF inflows while Bitcoin reclaims $92K psychological resistance.
- Low funding across the board indicates spot-driven buying rather than leveraged speculation.
LuwakTech analytics capture these post-selloff bounces, volume divergences, and funding resets—vital for December positioning as crypto volatility persists.
