Bitcoin Falls Asleep, But Privacy Coins Zcash and Monero Are Waking Up

Share

Zcash and Monero were the two best performers among the largest coins over 24 hours, while Bitcoin gained just 0.59% to $86,264.06 and Ethereum 0.34% to $2,714.39. The overall crypto market, valued at just over $3 trillion, remained flat as the Federal Reserve raised rates to 3.75%-4.00% on Sept. 16, while September payrolls came in at just 29,000 against 84,000 expected, curbing prospects for further hikes. Zcash remains up approximately 2,500% over the past year but still trades about 19% below its late-September high of $1,698. Monero gained 2.14% to $562.32, with a market cap of $10.57 billion versus $23.18 billion for Zcash.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items