1. Bitcoin falls below $79,000; it has failed to regain and hold above the $80,000 level for two straight weeks, with clear sell pressure overhead.
2. Zcash ($ZEC) hits a new high in nearly a decade. This year, the privacy coin sector is up as much as 213%, making it one of the strongest leading themes.
3. The conflict in the Middle East continues to escalate. Oil prices are nearing $100, inflation expectations are rekindling, and global risk assets are broadly under pressure.
4. Crypto market trading volume has been shrinking for 10 consecutive months, but Goldman Sachs believes a turning point in the market is approaching.
5. Goldman Sachs raises its price targets for Coinbase and Robinhood, as institutions begin to turn bullish on the exchange sector.
6. Grayscale’s view: Bitcoin’s characteristics are shifting, gradually evolving toward “digital gold.”
2. Zcash ($ZEC) hits a new high in nearly a decade. This year, the privacy coin sector is up as much as 213%, making it one of the strongest leading themes.
3. The conflict in the Middle East continues to escalate. Oil prices are nearing $100, inflation expectations are rekindling, and global risk assets are broadly under pressure.
4. Crypto market trading volume has been shrinking for 10 consecutive months, but Goldman Sachs believes a turning point in the market is approaching.
5. Goldman Sachs raises its price targets for Coinbase and Robinhood, as institutions begin to turn bullish on the exchange sector.
6. Grayscale’s view: Bitcoin’s characteristics are shifting, gradually evolving toward “digital gold.”