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Zcash, MemeCore Jump Double Digits as Bitcoin Hits $76K: Market Watch

March 17, 2026
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Zcash and MemeCore posted double-digit gains in the latest crypto market session while Bitcoin briefly touched the $76,000 level, but not all tokens joined the rally as Pi Network’s native token fell sharply.

Zcash and MemeCore Lead the Day’s Biggest Gains

Zcash surged 16.57% over 24 hours, making it the standout performer among major tokens. MemeCore followed with a 12.29% jump in the same window, giving both assets rare double-digit daily moves in a market otherwise marked by caution.

No confirmed catalyst from an issuer, exchange, or official filing has been identified for either token’s outperformance. The moves came amid a broader session where traders appeared to rotate selectively into isolated gainers rather than chasing a broad rally.

Bitcoin Touched $76K and Set the Broader Market Tone

Bitcoin reached a 24-hour high of $75,937 before pulling back to trade near $73,724. The headline claim of a $76,000 touch is approximately supported by the intraday high, though no exchange-level tick data has confirmed a print at or above that exact level.

The pullback from the session high left BTC down roughly 1.5% over 24 hours. Total market cap for Bitcoin sat at approximately $1.47 trillion, with 24-hour trading volume near $57.6 billion.

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The Fear and Greed Index registered 28 on the day, firmly in “Fear” territory. That risk-off reading underscores how the session’s isolated altcoin rallies played out against a cautious broader backdrop rather than a full-blown bullish rotation.

Macro conditions may have played a role in setting the tone. The U.S. Consumer Price Index rose 0.2% in February 2026 on a seasonally adjusted basis, with the headline figure up 2.8% year over year and core CPI climbing 3.1% annually. Sticky inflation readings like these tend to temper expectations for near-term rate cuts, keeping risk-asset sentiment in check.

Pi Network Moved Against the Rally

While Zcash and MemeCore surged, Pi Network’s native token fell 10.29% over the same 24-hour period. The divergence highlights a selective market where individual token narratives mattered more than any rising-tide effect from Bitcoin’s intraday push higher.

Pi Network has faced selling pressure as its ecosystem continues to evolve through migration phases. The token’s decline stood in stark contrast to the session’s winners and reinforced the uneven nature of the day’s price action.

With the Fear and Greed Index deep in fear territory and Bitcoin fading from its intraday high, the session’s takeaway is clear: gains were concentrated, not widespread. Traders picking spots in Zcash and MemeCore were rewarded, while broader market participants remained defensive.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.

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