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via CoinDesk · By CoinDesk Staff

Zcash (ZEC), Hyperliquid (HYPE) tokens lead losses as traders bet against a bitcoin (BTC) price bounce

ZEC

ZEC/USDT

$486.74

-1.07%

$486.74

-1.07%

(24s)

24h Volume

$175,343,198.37

24h H/L

$492.64 / $485.00

Change: $7.64 (1.58%)

Funding Rate

-0.0048%

Shorts pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$488.14

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$522.0663

Resistance 2$503.9667

Resistance 1$488.9569

Price$488.14

Support 1$485.41

Support 2$470.2125

Support 3$440.2146

Pivot (PP):$490.9967

Trend:Sideways

RSI (14):48.0

CoinDesk Staff

(10:52 AM UTC)

1 min read

Verified byJames Mitchell

0 comments

Crypto markets are under pressure ahead of key U.S. inflation data due later Wednesday.

(Unsplash)

What to know:

Crypto markets are under pressure ahead of key U.S. inflation data, with bitcoin back below $61,500 and trading under its 200-week moving average, a level some analysts associate with prolonged bear markets.
Derivatives positioning and funding rates across major tokens point to growing…

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Source

CoinDesk Staff · CoinDesk

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