Prices of Bitcoin, XRP and Zcash are rising sharply: this is what needs to happen now

The crypto market is reviving. Bitcoin (BTC) has broken out and the rest of the market is reaping the benefits. Ripple's XRP has made a nice increase and Zcash (Zec) catches a lot of eyes with a profit that has risen to double digits.

For the first time in a long time, the market looks positive again, but there are still a number of important hurdles on the way.

Bitcoin, the leader of the crypto market, has broken the $83,000 barrier. At its peak, around 11:30 a.m., the digital coin was worth $83,500, which is $1,000 more than it was early in the morning.

Yesterday, Bitcoin was for sale at the beginning of the afternoon for just over $81,000. Since then, the price has already risen by almost 3 percent.

With yesterday's rally, Bitcoin managed to put an end to the downward trend of recent times. Since the beginning of this month, the price had already fallen by more than 8 percent. Last Thursday, a bottom was reached at 79,700 dollars and since then the bulls have been in control again.

But it is still too early to look forward to new highlights at the moment. Around 84,000 dollars there is still a significant resistance where it went wrong several times earlier this month. Ultimately, $87,000 is the most important level to crack.

At the time of writing, the BTC price is at 83,281 dollars, 2.31 percent higher than 24 hours ago.

The stock markets are also in good shape today. After the crushing quarterly figures of SpaceX, the AI-doubt has subsided again, but tonight the next test is on the program when Meta opens the books.

The rest of the market sails along on Bitcoin's outbreak. Ethereum has risen 3.06 percent over the past 24 hours, Solana (SOL) 2.53 percent and Hyperliquid (HYPE) 3.70 percent.

Furthermore, XRP is getting a lot of attention today with an increase of 5.01 percent. As a result, the price is again at a safe distance from the level to be defended around 1.30 dollars.

There are even more spectacular figures today. Pepe (PEPE) rose by 9.71 percent, NEAR Protocol (NEAR) by 11.04 percent and Zcash (Zec) topped the list with a gain of 12.58 percent.