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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
$457.11
-1.21%
$457.11
-1.21%
(24s)24h Volume
$486,174,566.13
24h H/L
$476.34 / $451.43
Change: $24.91 (5.52%)
Funding Rate
+0.0019%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(10:52 AM UTC)
1 min read
812 views
0 commentsCrypto markets are under pressure ahead of key U.S. inflation data due later Wednesday.
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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