Bitcoin Cash Hits September Low as Zcash Absorbs NU7: Altcoin Update

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Bitcoin Cash fell 6.5% on Thursday and another 4.5% on Friday, dropping to around $262, its lowest level since September. Trading below its 100-day moving average amid higher volumes raises the prospect of a trend reversal. Zcash activated the NU7 upgrade, reducing block time from 75 to 25 seconds and permanently closing the Sprout pool. Some 12,200 ZEC worth nearly $16 million can no longer be spent, while Zcash gained between 8% and 11%. Ethereum, XRP, Solana and BNB also declined, leaving the market fragile after $1 billion in liquidations.

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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.

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