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Bitcoin Holds Steady as Stocks Slide; Zcash Nears 2016 Highs

Bitcoin held steady as stocks declined after a Federal Reserve rate hike and Warsh’s press conference. Zcash gained 130% in 30 days and is trading near its 2016 all-time highs.

CoinDesk 13 unique views

Bitcoin remained steady while stocks moved lower following a Federal Reserve rate hike and a press conference by Warsh, according to CoinDesk. In the cryptocurrency market, privacy-focused token Zcash has posted a sharp gain, rising 130% over the past 30 days. Zcash is trading near the all-time highs it reached in 2016. The contrasting moves place Bitcoin and Zcash in focus as investors assess broader market conditions and recent performance across digital assets. CoinDesk’s market update also tracks Bitcoin alongside other cryptocurrencies, including NEAR Protocol and WIN.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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