Bitcoin was holding close to $76,000 in CoinDesk’s latest market update, while outflows from spot Bitcoin exchange-traded funds surged alongside the failure of the Clarity Act. The update also highlighted a sharp move in privacy-focused cryptocurrency Zcash. Zcash has gained 130% over the past 30 days and is trading near its all-time highs from 2016. The developments place Bitcoin’s price action and fund flows alongside renewed attention on one of the crypto market’s strongest recent performers. Flow, NEAR Protocol and Ontology Gas were also among the related crypto assets identified in the market update.
Bitcoin Stays Near $76,000 as ETF Outflows Surge After Clarity Act Failure
Bitcoin remained near $76,000 as spot ETF outflows surged alongside the Clarity Act’s failure, while Zcash climbed 130% in 30 days and traded near its 2016 all-time highs.
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