Legacy Cryptos Rally as Hyperliquid Faces Post-Listing Decline

On September 27, Bitcoin navigated pressure from the U.S. bond market while legacy assets like Zcash, Chainlink, and Cardano showed strong performance. Zcash is testing resistance between $1,600 and $1,680, driven by institutional interest in privacy-focused transactions. Chainlink reached its highest level since January, trading between $13.8 and $14.1. Conversely, Hyperliquid experienced a price decline following its listing on Binance, contrary to market expectations.