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Market Sentiment Turns Cautious: Meme Coins and DeFi Sector Lead Decline, ZEC Drops Over 15%
Summary: As Wall Street turned cautious on Friday ahead of job data and a Supreme Court ruling on tariffs, assets like Meme coins suffered bigger blows than major cryptocurrencies, leading to a pessimistic sentiment in the crypto market. ETH, SOL, and DOGE dropped between 2% and 6%, while POL, CC, and WLFI fell over 2%, with ...
As Wall Street turned cautious on Friday ahead of job data and a Supreme Court ruling on tariffs, assets like Meme coins suffered bigger blows than major cryptocurrencies, leading to a pessimistic sentiment in the crypto market. ETH, SOL, and DOGE dropped between 2% and 6%, while POL, CC, and WLFI fell over 2%, with ZEC dropping over 15%. Bitcoin fell below $90,000 during Asian trading hours, continuing its pullback from around $93,600, with a recent drop of nearly 2%. Short-term support is around $89,200, the 50-day simple moving average. (CoinDesk)
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Link: Market Sentiment Turns Cautious: Meme Coins and DeFi Sector Lead Decline, ZEC Drops Over 15% [Copy]
