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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
$1,533.35
-1.58%
$1,533.35
-1.58%
(24s)24h Volume
$2,830,256,040.47
24h H/L
$1,625.00 / $1,515.00
Change: $110.00 (7.26%)
Funding Rate
+0.0049%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(10:52 AM UTC)
1 min read
Crypto 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…
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