$ZEC $BTC $ETH
BITCOIN SURPASSES USD 80,000 AND ZCASH RISES NEARLY 12%.
Bitcoin once again surpassed USD 80,000 after falling as low as USD 75,700. The price reached around USD 80,484, up 5.7% over the past 24 hours.
Ethereum also performed well, gaining 8% to USD 2,425. XRP rose 4.7%, Solana 5.9%, and BNB 4.2%.
But one of the strongest moves came from Zcash, which gained 11.7% to USD 1,318, alongside trading volume of nearly USD 1.2 billion over 24 hours.
Bitcoin's rise coincided with a drop of more than 8% in Brent crude, gains in U.S. stock markets, and a weakening dollar.
The results of the legislative elections are also part of the broader picture, particularly because of their potential effects on the sector's regulation.
In this regard, the new Democratic majority in Congress could hinder the progress of the CLARITY Act and fuel debate about privacy-focused cryptocurrencies.
Zcash also has another date on its calendar: the NU7 upgrade, scheduled for Friday, which aims to reduce the interval between blocks from 75 to 25 seconds.
TRADE HERE 👇
#zec #BTC #crypto #TradingCommunity #TrendingTopic
BITCOIN SURPASSES USD 80,000 AND ZCASH RISES NEARLY 12%.
Bitcoin once again surpassed USD 80,000 after falling as low as USD 75,700. The price reached around USD 80,484, up 5.7% over the past 24 hours.
Ethereum also performed well, gaining 8% to USD 2,425. XRP rose 4.7%, Solana 5.9%, and BNB 4.2%.
But one of the strongest moves came from Zcash, which gained 11.7% to USD 1,318, alongside trading volume of nearly USD 1.2 billion over 24 hours.
Bitcoin's rise coincided with a drop of more than 8% in Brent crude, gains in U.S. stock markets, and a weakening dollar.
The results of the legislative elections are also part of the broader picture, particularly because of their potential effects on the sector's regulation.
In this regard, the new Democratic majority in Congress could hinder the progress of the CLARITY Act and fuel debate about privacy-focused cryptocurrencies.
Zcash also has another date on its calendar: the NU7 upgrade, scheduled for Friday, which aims to reduce the interval between blocks from 75 to 25 seconds.
TRADE HERE 👇
#zec #BTC #crypto #TradingCommunity #TrendingTopic
