Bitcoin holds $61K on soft jobs data as XRP jumps 3.8% and Hyperliquid leads the top 15

The main driver today was a softer-than-expected US jobs report, which reduced pressure on the Federal Reserve to keep rates elevated. Lower rate expectations tend to benefit risk assets — crypto included — and Bitcoin's ability to hold above $61,000 through a holiday-shortened session was read as a constructive sign after weeks of selling pressure. XRP was the clearest beneficiary in the top 15, rising 3.81% to $1.14. Analysts at CoinDesk noted that a record proportion of XRP holders are currently sitting on unrealized losses — a condition that has historically preceded recoveries, as it reduces the pool of holders likely to sell into strength. That data point drew fresh attention to XRP today. Hyperliquid gained 5.28% to $71.22 with no specific catalyst identified — the move appears technical, consistent with a broader altcoin recovery on light holiday volume. Zcash added 2.90% to $460.81, likely reflecting anticipation around the approaching Ironwood upgrade, which developers are positioning as a confidence-rebuilding milestone after a sharp price decline earlier this year. The Fear & Greed index reading of 22 — deep in 'Extreme Fear' — is worth noting as context. Today's green session happened against a backdrop of still-cautious sentiment, not euphoria. Separately, analysts flagged that Bitcoin's next major leg higher may require roughly $1 trillion in fresh capital inflows, a reminder of how much buying pressure would be needed to sustain a significant rally from current levels.

• –Bitcoin whale wallets accumulated $16.7 billion worth of BTC over two weeks even as Bitcoin ETFs recorded a record $4 billion in outflows — a split between large holders buying and fund investors selling.
• –The Zcash Ironwood upgrade is nearing completion; developers say it is designed to restore confidence following a significant ZEC price decline.
• –Analysts estimate Bitcoin would need approximately $1 trillion in new capital to fuel its next major parabolic run, based on current market structure.