Arbitrum & Zcash Defy Crypto Market Weakness Ahead of FOMC

The cryptocurrency market is under pressure ahead of the FED's FOMC decision. Despite this, Arbitrum (ARB) and Zcash (ZEC) are showing notable resilience.

ARB price climbed by over 12% to $0.15 as Standard Chartered initiated coverage of ARB, highlighting its growing role in institutional blockchain infrastructure. The launch of Robinhood Chain, built on Arbitrum technology, has also strengthened the narrative around real-world asset tokenization and institutional adoption.

Zcash (ZEC) is holding near $1,202 after a sharp breakout above the long-standing $727 resistance. The latest boost came from the NU7 upgrade vote, which Zcash holders approved with nearly 2.4 million ZEC participating.