The crypto market is trading sideways near its low, with Bitcoin struggling to hold above $60,000 and ZEC bouncing around 48% from its recent low.
BlockBeats News, June 7th, according to an exchange market data, the crypto market remains in a low-range consolidation phase, with Bitcoin currently trading at $60,785 and Ethereum at $1566. The total market capitalization of cryptocurrencies has slightly rebounded by 0.6% in the past 24 hours, now standing at $2.176 trillion. BNB is currently priced at $574, SOL at $62.4, and HYPE at $57.2. ZEC is at $370, having briefly dropped to $250 after the disclosure of an infinite issuance bug, and has since rebounded by about 48% from its recent low. Zcash is planning to launch the Ironwood upgrade at the end of July, introducing new privacy pools and enhancing the overall supply auditability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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