Bitcoin falls to $110 while TAO and ZEC surge.

• Bitcoin remains unstable below $111.
• TAO and ZEC lead gains among major cryptocurrencies.
• Market reacts to interest rate cuts and US-China agreement.

The price of Bitcoin (BTC) has remained volatile over the past 24 hours, trading again near [a certain level]. U.S. $ one thousand 110 After failing again to sustain the $111.500 level. Despite the weakening of BTC, the cryptocurrency market showed a slight respite, with some altcoins exhibiting significant gains, especially TAO and ZEC, which advanced by double digits.

Over the past ten days, the global macroeconomic environment has presented factors considered positive for risk assets. US inflation data for September came in below expectations, and the Federal Reserve confirmed an interest rate cut, a measure widely anticipated by investors. Furthermore, the current US president, Donald Trump, and the Chinese government reached a preliminary agreement on trade tariffs between the two countries.

Even so, Bitcoin failed to capitalize on the momentum. After touching the $116 mark earlier in the week, the asset encountered strong resistance and retreated sharply. Shortly after the Fed's announcement, BTC fell from $112 to below $108, signaling a lack of buying power.

Negotiations between Washington and Beijing brought temporary relief, but Bitcoin remained stuck in the $110 range, reflecting a still cautious market. The cryptocurrency's market capitalization remains below $2,2 trillion, while its dominance over altcoins has fallen to less than 58%.

Among the positive highlights, ZEC and TAO showed strong appreciation. ZEC reached a new multi-year high near US$450, while TAO rose by nearly 20%. Other coins such as XMR, LTC, AAVE, HBAR, ETC, WLD, and ICP also showed positive performance in the last 24 hours.

Meanwhile, Figure Heloc, known for its volatile performance, surged again by more than 300%, reaching a price above US$1. Despite these occasional gains, the total cryptocurrency market capitalization remains below US$3,8 trillion, indicating that the sector is still seeking to consolidate a clear trend after weeks of fluctuation.