4 Cryptocurrencies to Watch This Week: BTC, HYPE, ZEC, and KAS Face Crucial Tests

Bitcoin entered its most successful month with a bang, surging past $87,000 on Friday after the release of the weak US jobs report. Institutional demand has improved significantly over the past few months. Meanwhile, Hyperliquid, Zcash, and Kaspa each have important protocol or market catalysts in play. Here are the key levels and developments to watch. Softer US inflation data, strong institutional demand, and the weaker-than-expected jobs report on Friday helped BTC recover some of the recent losses, with the asset challenging the key $87,000 resistance once again at the end of the business week. The latest PCE data showed core inflation rising 0.2% month-over-month and around 3.0% annually, both of which were below expectations. That, alongside the relatively small number of only 29,000 added jobs in September, reduced some concerns about the need for additional monetary tightening from the US Federal Reserve. The setup, though, is not entirely bullish. Glassnode recently cited data showing relatively limited profit-taking compared with previous market tops, but selling by long-term holders has recently increased. Trading volumes remain comparatively weak, suggesting BTC may need stronger buyer participation before confirming another major leg up. The $87,000-$87,500 resistance remains the first notable obstacle in bitcoin’s path, as a decisive break above it could open the door toward the next big selling zone at around $95,000. Hyperliquid’s native token has been among the strongest market performers lately, reaching consecutive all-time highs as protocol activity and ecosystem development continue to expand. One of those was the introduction of manual borrowing through HyperCore. Since September 18, users have been able to use HYPE and BTC as collateral to borrow USDC or USDT, with borrowing volume reaching almost $270 million on the first day. The project has also introduced trailing-stop orders for perpetual markets, while its tokenomics continue to generate persistent buy-side pressure. 99% of platform fees are directed toward the Assistance Fund to repurchase HYPE from the open market. From a technical perspective, the next important question is whether the $90-$92 region can turn into sustained support. If it does, the bullish structure remains intact. In contrast, $85 could serve as the first major support in case of a pullback. When we talk about massive price gainers, it’s difficult to leave ZEC out of the conversation. It has been frequently posting major gains,

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