Bitcoin recovers toward $79,000 as Zcash records a $500 million ETF haul

Bitcoin fell to nearly $77,600 on Tuesday before clawing most of it back, leaving it little changed on the day while zcash gained roughly 43% on the week and Grayscale's new fund crossed half a billion dollars.

Bitcoin dropped below $78,000 on Tuesday, hitting $77,666 before buyers took it back to nearly $78,900 as of Asian morning hours on Wednesday, according to CoinDesk data.