Crypto bears retreat as BTC holds, LSK, ARB, NEAR and ZEC lead altcoin bounce

Altcoin holders are having a great day Friday as a market-wide bounce has seen major tokens print green over the last 24 hours. Bitcoin also reclaimed $78,000, as the leading crypto brushed off the letdown from the CLARITY Act stalling and the Federal Reserve’s rate hike.

$BTC’s return above the $78,000 level capped three straight days of gains, with most of the other tokens in the top 100 by market cap also trading in the green over the last 24 hours. The market capitalization of the total crypto sector climbed 2.55% to roughly $2.68 trillion, per CoinMarketCap.

Which crypto tokens are making gains?

Some of the standout performers over the last 24 hours include Starknet (STRK), Arbitrum ($ARB), Uniswap (UNI), Hyperliquid (HYPE), Zcash ($ZEC), Solana (SOL) and $NEAR.

Over the one-week period, the highest weekly gainers tracked by CoinMarketCap were Lisk (LSK), Arbitrum, GEODNET, $NEAR, Zcash and Uniswap.

As Cryptopolitan reported earlier in the day, Arbitrum’s $ARB has been on a 167% run over the past month, riding high on tokenized real-world asset inflows momentum. $ZEC, on the other hand, pushed toward the $1,500 level after setting up its latest climb with a September 17 short squeeze that wiped out $56.35 million in bearish bets.