BNB$720.69+1.02%BRENT$103.96-3.41%BTC$77,754+1.01%COPPER$6.46-0.07%DJI$52,064-0.60%DOGE$0.0848+1.39%DXY99.06+0.01%ETH$2,503+1.85%GOLD$4,384+1.53%NDX$29,104-1.08%SILVER$64.81+1.98%SOL$101.33+1.84%SPX$7,592-0.58%US10Y4.93-0.32%VIX16.13-2.00%BNB$720.69+1.02%BRENT$103.96-3.41%BTC$77,754+1.01%COPPER$6.46-0.07%DJI$52,064-0.60%DOGE$0.0848+1.39%DXY99.06+0.01%ETH$2,503+1.85%GOLD$4,384+1.53%NDX$29,104-1.08%SILVER$64.81+1.98%SOL$101.33+1.84%SPX$7,592-0.58%US10Y4.93-0.32%VIX16.13-2.00%
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·Confidence 90%

Zcash Drops 8% After Grayscale ETF Launch Following Rally

Zcash ↓ Moderate

Key takeaways

  • Zcash: Zcash — Moderate bearish
  • Zcash's spot ETF began trading on the NYSE, contributing to a recent 60% rally. However, the asset has now pulled back 8% as traders take profits.

Analysis

Zcash's spot ETF began trading on the NYSE, contributing to a recent 60% rally. However, the asset has now pulled back 8% as traders take profits.

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