Myriad Moves: Traders Bet on Zcash Rebound, But Aren't Buying Another Bitcoin All-Time High

Traders are increasingly optimistic about a potential rebound for Zcash, with many betting on its price recovery despite broader market hesitance. In contrast, there is a notable reluctance among investors to anticipate another all-time high for Bitcoin in the near term. Analysts suggest that while Zcash may see renewed interest, Bitcoin's performance remains uncertain, leading to a cautious approach in the market. Overall, the sentiment reflects a divergence in expectations for different cryptocurrencies amid fluctuating market conditions.

Read the full article: Decrypt

Read more