Meme coins and DeFi led a broader slide in the crypto market, with ZEC plunging more than 15%. This market shift occurred as Wall Street waited for key employment data and a Supreme Court ruling on tariffs, prompting a cautious stance. Major tokens including ETH, SOL, and DOGE tumbled roughly 2% to 6%, while POL, CC, and WLFI also fell by more than 2%.
Bitcoin extended losses in the Asia session, slipping below $90,000 and trading around $93,600 as it remained in a downtrend. The flagship cryptocurrency was down roughly 2%. Its near-term support around $89,200 aligned with the 50-day moving average.
Leave a Reply