Top Story
Zcash led the day's major coins, and its NU7 upgrade now has a mainnet date. The Zcash Open Development Lab announced final activation for 6 November at 00:50 GMT, though one report gives 5 November.
NU7 cuts block time from 75 seconds to 25 seconds. It sends 60% of transaction fees to a reserve for future block rewards. It also closes the legacy Sprout pool, which held about 22,309 ZEC, worth $26M, as of 17 October. Holders who keep their keys could still lose the ability to move those funds.
ZEC rose 10.04% to $1,263.05 on $3.70B in 24-hour volume, far above most of the top 20. Zcash ETF flows also turned positive, with over $1M in inflows on Tuesday after a $10M outflow on Monday.
Technical analysts cite a four-hour chart holding above the 50- and 200-period EMAs, with bulls eyeing $1,698.
Major Price Moves
Market Overview
Bitcoin ranked first at $82,774.23, up 1.21% over 24 hours on $26.85B in volume. Ethereum ranked second at $2,439.32, up 1.68% on $16.82B in volume.
Top 10 Gainers
| Coin | Symbol | Price | 24h % | 24h Volume | |
|---|---|---|---|---|---|
| pill | PILL | $0.002741 | 272.17% | $5,982,538 | |
| Doodles | DOOD | $0.002880 | 116.02% | $186,470,780 | |
| Janction | JCT | $0.004690 | 89.63% | $51,236,796 | |
| IOST | IOST | $0.001343 | 76.41% | $174,832,343 | |
| Aria.AI | ARIA | $0.066567 | 66.46% | $15,915,169 | |
| Dacity Coin | DACITY | $0.009985 | 63.62% | $8,437,656 | |
| Metaplex | MPLX | $0.072124 | 41.85% | $120,535,396 | |
| Universal High Income | UHI | $0.019458 | 39.29% | $13,383,242 | |
| Moonbirds | BIRB | $0.064190 | 36.83% | $39,747,730 | |
| Impossible Cloud Network Token | ICNT | $0.212019 | 31.73% | $27,147,493 |
No confirmed catalyst has been found for pill, Doodles or Janction. Surf AI attributed Janction's move to social attention and short liquidations, and found no new partnership, listing or product news.
Top 10 Losers
| Coin | Symbol | Price | 24h % | 24h Volume | |
|---|---|---|---|---|---|
| Bedrock | BR | $0.583390 | -14.85% | $25,885,231 | |
| Anubis Bridged LGNS | LGNS | $0.179842 | -14.80% | $2,998,955 | |
| Basic Attention Token | BAT | $0.184004 | -6.16% | $111,854,174 | |
| Morpho | MORPHO | $2.315221 | -5.78% | $29,944,271 | |
| Arbitrum | ARB | $0.189453 | -4.90% | $360,339,777 | |
| XMR1 | XMR1 | $577.735849 | -4.42% | $7,885,291 | |
| Monero | XMR | $580.660387 | -4.41% | $197,353,173 | |
| MemeCore | M | $0.759973 | -2.57% | $1,317,288 | |
| Backpack | BP | $1.096151 | -2.49% | $3,484,477 | |
| Kamino | KMNO | $0.0396 | -1.57% | $8,500,000 |
Searches found no hack, exploit, delisting or unlock tied to Bedrock or LGNS. The only scheduled supply item in the results for Bedrock is an unverified $16.9M unlock. No Monero-specific catalyst appeared in the results either.
Top 20 by Market Cap
| Rank | Coin | Symbol | Price | 24h % | 24h Volume | Market Cap | |
|---|---|---|---|---|---|---|---|
| 1 | Bitcoin | BTC | $82,774.23 | 1.21% | $26,850,421,155 | $1,663,666,330,231 | |
| 2 | Ethereum | ETH | $2,439.32 | 1.68% | $16,822,505,580 | $297,973,370,654 | |
| 3 | Tether | USDT | $0.999040 | -0.02% | $49,384,931,164 | $182,766,162,082 | |
| 4 | BNB | BNB | $743.34 | 1.88% | $403,433,666 | $97,757,493,118 | |
| 5 | XRP | XRP | $1.333274 | 2.38% | $1,967,420,620 | $84,169,146,632 | |
| 6 | USD Coin | USDC | $0.999460 | -0.05% | $18,802,184,069 | $72,113,364,953 | |
| 7 | Solana | SOL | $105.93 | 1.23% | $3,224,215,725 | $62,451,083,681 | |
| 8 | TRON | TRX | $0.330712 | -0.21% | $230,638,556 | $31,419,488,473 | |
| 9 | Lido Staked Ether | STETH | $2,439.50 | 1.84% | $13,027,373 | $23,596,133,135 | |
| 10 | Zcash | ZEC | $1,263.05 | 10.04% | $3,700,097,246 | $21,468,468,118 | |
| 11 | Hyperliquid | HYPE | $80.92 | 2.48% | $868,587,852 | $18,002,291,877 | |
| 12 | Dogecoin | DOGE | $0.081472 | 2.66% | $737,245,868 | $12,743,020,508 | |
| 13 | Wrapped stETH | WSTETH | $3,040.92 | 1.81% | $5,625,801 | $11,282,970,170 | |
| 14 | Monero | XMR | $580.66 | -4.41% | $197,353,173 | $10,928,260,752 | |
| 15 | USDS | USDS | $0.999989 | -0.12% | $132,559,699 | $10,016,346,029 | |
| 16 | WhiteBIT Coin | WBT | $80.86 | 1.17% | $31,436,674 | $9,605,211,219 | |
| 17 | Wrapped Bitcoin | WBTC | $82,553.64 | 1.19% | $115,003,799 | $9,586,420,012 | |
| 18 | Chainlink | LINK | $12.299369 | 2.44% | $306,896,740 | $9,431,770,760 | |
| 19 | Binance Bridged USDT | BSC-USD | $0.999040 | -0.02% | $624,189,131 | $9,176,159,484 | |
| 20 | Wrapped Beacon ETH | WBETH | $2,701.24 | 1.82% | $1,277,740 | $9,092,604,786 |
Other Key Events
Bitcoin ETFs take in $526.6M, while ether ETFs post a fourth outflow day
BlackRock's IBIT logged $665.16M in net inflows on 19 October, its biggest single day since 7 October 2025. Total US spot Bitcoin ETFs took in $526.6M that day, while Fidelity and Grayscale funds posted outflows. Month to date, US spot Bitcoin ETFs remain negative at -$90.6M through 19 October, per TFTC.
US spot ETH ETFs lost $103.3M on 19 October. That was their fourth straight day of outflows.
Drift exploiter moves $61.6M in ETH to Tornado Cash
The exploiter behind the Drift Protocol hack moved about 25,700 ETH, worth $61.6M, into Tornado Cash on 20 October, according to Lookonchain. Arkham data show the exploiter's addresses still hold about 81,454 ETH, worth $194M.
Drift's 1 April hack caused about $295M in losses. Mandiant attributed it to the North Korea-linked UNC6862 group.
Switzerland approves its first retail spot Bitcoin ETF
Swiss regulator FINMA approved Switzerland's first spot Bitcoin ETF for retail investors on 20 October. The fund is a Swiss-law retail product.
In Brief
- Qubic restarted its blockchain on 19 October after a $1.4M wallet hack. Recovery claims for 1,404 affected accounts stay open until 1 May 2027.
- IOST completed its v4.0.0 mainnet upgrade on 19 October. Upbit suspends IOST deposits and withdrawals from 21 October, tied to the hard fork.
- Binance will add five bStocks tokenized securities as collateral. It also adjusts tick sizes on five USDT perpetual futures contracts on 22 October.
- The SEC's proposed "Regulation Crypto Assets" drew revision requests from crypto firms and Wall Street groups. Better Markets criticized the proposal on 20 October.
- Blockchain.com launched crypto options on Bitcoin, ETH and SOL as it pursues US derivatives licenses.
What to Watch
- Zcash NU7 activation: Mainnet activation is set for 6 November at 00:50 GMT, per the Zcash Open Development Lab. The Sprout pool closes under the upgrade.
- Bitcoin open interest: BTC open interest stands at $53.28B. A move above its two-day high of $53.86B would confirm fresh positioning.
- Short liquidations: Shorts made up $41.22M of the $49.19M BTC liquidations in 24 hours. ETH shorts made up $51.72M of $73.52M.
- Ether ETF flows: Ether ETF outflows have run four straight days. Watch whether the streak extends beyond the $103.3M lost on 19 October.
- FOMC meeting: The 27–28 October meeting is cited in X posts as the next macro catalyst. Fears of further interest-rate increases weighed on sentiment this week, per The Block.