Bitcoin Dips Below $86K as Bitcoin Cash and Zcash Rally

Bitcoin failed to break past the $87,300 resistance level, retreating below $86,000 after encountering selling pressure similar to Monday's session. Meanwhile, Bitcoin Cash surged approximately 28% following the announcement of its listing on CME futures. Zcash also posted notable gains, rising around 9% during the same period. The movement suggests traders rotated capital from Bitcoin into altcoins amid the latest market session.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.




Discussion (0)
Log in to join the discussion and vote.
Log in