Broad Crypto Rally Decimates Shorts as BTC Tops $80,000, ZEC and HYPE Hit New Highs

TradingKey09-07 09:30

TradingKey - Crypto Market Surges Broadly: BTC Holds Firm Above $80,000 as ZEC and HYPE Hit All-Time Highs to Lead Altcoin Rally.

On September 7, the cryptocurrency market saw another strong broad-based rally, with total market capitalization surpassing $2.7 trillion, approaching the high of May this year. Among them, Bitcoin (BTC) strongly stood above the $80,000 mark, while driving the leading decentralized perpetual contract token HYPE (HYPE) and flagship privacy coin ZEC (ZEC) to repeatedly hit new all-time highs, sparking massive short liquidations in the derivatives market.

In the past 24 hours, over 70,000 traders were liquidated in the crypto market, with total liquidations reaching $231 million and short liquidations approaching $150 million. Notably, the token with the largest liquidation was not BTC, but ZEC, at nearly $50 million, followed by ETH, reflecting that market volatility is shifting from BTC to altcoins.

Crypto market liquidation data, Source: CoinGlass

This morning, the price of HYPE approached $90, with its market cap surpassing $22 billion; ZEC likewise surged to new highs, briefly breaking above $1,200 with its market cap exceeding $21 billion. Currently, HYPE and ZEC rank ninth and tenth, respectively, on the cryptocurrency market cap leaderboard.

ZEC price chart, Source: TradingView

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Among them, Bitcoin (</span><span>BTC</span><span>) strongly stood above the $80,000 mark, while driving the leading decentralized perpetual contract token HYPE (</span><span>HYPE</span><span>) and flagship privacy coin ZEC (</span><span>ZEC</span><span>) to repeatedly hit new all-time highs, sparking massive short liquidations in the derivatives market. </span></p><p dir=\"ltr\"><span>In the past 24 hours, over 70,000 traders were liquidated in the crypto market, with total liquidations reaching $231 million and short liquidations approaching $150 million. Notably, the token with the largest liquidation was not BTC, but ZEC, at nearly $50 million, followed by ETH, reflecting that market volatility is shifting from BTC to altcoins.</span></p><p dir=\"ltr\"><img height=\"251\" src=\"https://resource.tradingkey.com/uploads/20260907/Crypto-liquidation-Long-short-51072bb0c5db4751a03f903cbd327b52.png\" width=\"800\"/><span>Crypto market liquidation data, Source: CoinGlass</span></p><p dir=\"ltr\"><span>This morning, the price of HYPE approached $90, with its market cap surpassing $22 billion; ZEC likewise surged to new highs, briefly breaking above $1,200 with its market cap exceeding $21 billion. Currently, HYPE and ZEC rank ninth and tenth, respectively, on the cryptocurrency market cap leaderboard.</span></p><p dir=\"ltr\"><img height=\"373\" src=\"https://resource.tradingkey.com/uploads/20260907/zcash-zec-price-e6aecc394cfb481b9aa42d333d0ba88c.png\" width=\"800\"/><span>ZEC price chart, Source: TradingView</span></p><p>Find out more</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broad Crypto Rally Decimates Shorts as BTC Tops $80,000, ZEC and HYPE Hit New Highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroad Crypto Rally Decimates Shorts as BTC Tops $80,000, ZEC and HYPE Hit New Highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2026-09-07 09:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><span>TradingKey - Crypto Market Surges Broadly: BTC Holds Firm Above $80,000 as ZEC and HYPE Hit All-Time Highs to Lead Altcoin Rally.</span></p><p dir=\"ltr\"><span>On September 7, the cryptocurrency market saw another strong broad-based rally, with total market capitalization surpassing $2.7 trillion, approaching the high of May this year. Among them, Bitcoin (</span><span>BTC</span><span>) strongly stood above the $80,000 mark, while driving the leading decentralized perpetual contract token HYPE (</span><span>HYPE</span><span>) and flagship privacy coin ZEC (</span><span>ZEC</span><span>) to repeatedly hit new all-time highs, sparking massive short liquidations in the derivatives market. </span></p><p dir=\"ltr\"><span>In the past 24 hours, over 70,000 traders were liquidated in the crypto market, with total liquidations reaching $231 million and short liquidations approaching $150 million. Notably, the token with the largest liquidation was not BTC, but ZEC, at nearly $50 million, followed by ETH, reflecting that market volatility is shifting from BTC to altcoins.</span></p><p dir=\"ltr\"><img height=\"251\" src=\"https://resource.tradingkey.com/uploads/20260907/Crypto-liquidation-Long-short-51072bb0c5db4751a03f903cbd327b52.png\" width=\"800\"/><span>Crypto market liquidation data, Source: CoinGlass</span></p><p dir=\"ltr\"><span>This morning, the price of HYPE approached $90, with its market cap surpassing $22 billion; ZEC likewise surged to new highs, briefly breaking above $1,200 with its market cap exceeding $21 billion. Currently, HYPE and ZEC rank ninth and tenth, respectively, on the cryptocurrency market cap leaderboard.</span></p><p dir=\"ltr\"><img height=\"373\" src=\"https://resource.tradingkey.com/uploads/20260907/zcash-zec-price-e6aecc394cfb481b9aa42d333d0ba88c.png\" width=\"800\"/><span>ZEC price chart, Source: TradingView</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBXJ","symbol_name":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","start_time":0,"source_url":"https://www.tradingkey.com/analysis/cryptocurrencies/btc/262153181-crypto-bitcoin-btc-zcash-zec-hype-altcoins-tradingkey","article_id":"2665935083","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20231102/7520a74fa55c9128cdf6f43aa37d34fd.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2665935083","pubTimestamp":1788744654,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"The crypto market erupted across the board as BTC held firmly above $80,000, with ZEC and HYPE breaking record highs to lead an altcoin wave.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","ETCO":"Grayscale Ethereum Covered Call ETF","BTC":"Grayscale Bitcoin Mini Trust","BITI":"1倍做空比特币期货ETF-Proshares","ETHT":"ProShares Ultra Ether ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","BITO":"比特币期货ETF-ProShares","BTCC":"Grayscale Bitcoin Covered Call ETF","BK4601":"加密货币现货ETF","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","ETHU":"2倍以太币期货ETF-Volatility Shares","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","GBTC":"比特币ETF-Grayscale","QETH":"以太坊ETF-Invesco Galaxy","BPI":"Grayscale Bitcoin Premium Income ETF","HODL":"比特币ETF-VanEck","ETHV":"以太坊ETF-VanEck","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","ESK":"REX-Osprey ETH + Staking ETF","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","ARKB":"比特币ETF-21Shares","ETHW":"以太坊ETF-Bitwise","ETH":"低成本以太坊ETF-Grayscale","FETH":"以太币ETF-Fidelity","BITU":"2倍做多比特币期货ETF-Proshares","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","EETH":"以太币期货ETF-ProShares","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","DEFI":"比特币期货ETF-Hashdex","ETHA":"以太坊ETF-iShares","BTCO":"比特币ETF-Invesco Galaxy","FBTC":"比特币ETF-Fidelity","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","TETH":"21Shares Ethereum ETF","EZBC":"比特币ETF-Franklin","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","EZET":"以太坊ETF-Franklin","ETHD":"ProShares UltraShort Ether ETF","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BCCC":"Global X Bitcoin Covered Call ETF","YETH":"Roundhill Ether Covered Call Strategy ETF","ETHE":"最大以太坊ETF-Grayscale","BTCW":"比特币ETF-Wisdom Tree","SBIT":"2倍做空比特币期货ETF-Proshares","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","BITB":"比特币ETF-Bitwise","SETH":"1倍做空以太币期货ETF-Proshares","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July"},"translate_title":"随着 BTC 突破 80,000 美元、ZEC 和炒作创下新高，广泛的加密货币反弹摧毁了空头","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBXJ":0.6,"BTCO":0.6,"TETH":0.6,"ETHA":0.6,"ETCO":0.6,"ETH":0.6,"EETH":0.6,"CBOY":0.6,"ESK":0.6,"BPI":0.6,"FBTC":0.6,"FETH":0.6,"ETQ":0.6,"BITY":0.6,"ETHT":0.6,"ETU":0.6,"BITO":0.6,"BITB":0.6,"CBXO":0.6,"BITU":0.6,"EZET":1.84,"BAGY":0.6,"YETH":0.6,"SETH":0.6,"BTCC":0.6,"BTC":1.96,"CBTO":0.6,"CBTA":0.6,"QBF":0.6,"EZBC":0.6,"CBXA":0.6,"BFJL":0.6,"BCCC":0.6,"CBOA":0.6,"ETHW":0.6,"BITI":0.6,"XBTY":0.6,"ETHD":0.6,"GBTC":0.6,"ETHU":0.6,"SBIT":0.6,"CBOJ":0.6,"BFAP":0.6,"ARKB":0.6,"DFII":0.6,"CBTY":0.6,"ETHE":0.6,"CBXY":0.6,"CBOO":0.6,"HODL":0.6,"DEFI":0.6,"QETH":0.6,"ETHV":0.6,"BTCW":0.6},"content_text":"TradingKey - Crypto Market Surges Broadly: BTC Holds Firm Above $80,000 as ZEC and HYPE Hit All-Time Highs to Lead Altcoin Rally.On September 7, the cryptocurrency market saw another strong broad-based rally, with total market capitalization surpassing $2.7 trillion, approaching the high of May this year. Among them, Bitcoin (BTC) strongly stood above the $80,000 mark, while driving the leading decentralized perpetual contract token HYPE (HYPE) and flagship privacy coin ZEC (ZEC) to repeatedly hit new all-time highs, sparking massive short liquidations in the derivatives market. In the past 24 hours, over 70,000 traders were liquidated in the crypto market, with total liquidations reaching $231 million and short liquidations approaching $150 million. Notably, the token with the largest liquidation was not BTC, but ZEC, at nearly $50 million, followed by ETH, reflecting that market volatility is shifting from BTC to altcoins.Crypto market liquidation data, Source: CoinGlassThis morning, the price of HYPE approached $90, with its market cap surpassing $22 billion; ZEC likewise surged to new highs, briefly breaking above $1,200 with its market cap exceeding $21 billion. Currently, HYPE and ZEC rank ninth and tenth, respectively, on the cryptocurrency market cap leaderboard.ZEC price chart, Source: TradingViewFind out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2665935083","isCrawlerRequest":true}