$ETH 🚨 $ZEC
Quick Summary of the Crypto Market.
Although altcoins are showing selling pressure, Zcash (ZEC) is the main star with a strong rally, and the general market remains under the influence of BTC and ETH.
📉 BTC and ETH Slightly Give In.
• BTC: Drops by -1.93% to $90,296.69.
• ETH: Decreases by -1.66% and is trading at $3,106.27.
• General Sentiment: Most major altcoins (BNB, SOL, XRP) are in the red.
🚀 Zcash (ZEC) Soars High
• Ongoing Rally: ZEC is one of the clear winners with an increase of +3.87% in the last 24 hours, trading at $410.75.
• Recent High: ZEC reached a high of $426.15 on the 4h chart.
• Fundamentals: This rally is driven by the new market proposal of dynamic fees aimed at improving the efficiency of the Zcash network and was seen as a bullish signal by traders.
- ZEC is in "firing" mode due to fundamental news, but BTC and the general market are slightly correcting. Keep a close eye on support levels! 😉❤️
ALWAYS DO YOUR OWN RESEARCH DYOR.
