Bitcoin Falls Asleep, But Privacy Coins Zcash and Monero Are Waking Up

What happened

Bitcoin Falls Asleep, But Privacy Coins Zcash and Monero Are Waking Up, according to Decrypt. Bitcoin and Ethereum barely moved today, but Zcash and Monero are leading the largest coins over the last 24 hours. Decrypt News Markets Bitcoin Falls Asleep, But Privacy Coins Zcash and Monero Are Waking Up Bitcoin and Ethereum barely moved today, but Zcash and Monero are leading the largest coins over the last 24 hours.

Zcash still trades about 19% below its late-September high of $1,698, and Grayscale's Zcash ETF (a fund traded on a stock exchange like a share) saw $30.25 million in outflows on Sept. Macro is holding everything still: the Fed hiked to 3.75%-4.00% on Sept.

16, then September payrolls came in at 29,000 against 84,000 expected. After weeks of Bitcoin turning heads and climbing the charts, the top of the crypto market is now barely moving.

Bitcoin trades at $86,264.06, up 0.59% over 24 hours. Ethereum sits at $2,714.39, up just 0.34%.

The whole market is worth just north of $3 trillion, essentially flat for the day, according to CoinGecko data. The rest of the 12 largest coins are drifting in roughly the same way. Solana gained 1.4% and XRP 1.07%, while BNB lost 0.41% and Tron 0.22%.