Arbitrum & Zcash Defy Crypto Market Weakness Ahead of FOMC Decision
The crypto market is experiencing renewed pressure ahead of the FED's FOMC decision after the US Senate failed to advance the CLARITY Act in a 49-50 procedural vote.
Bitcoin price briefly dropped below $75,000 while Ethereum dropped toward $2,358 amid the regulatory setback. However, Arbitrum (ARB) and Zcash (ZEC) prices show notable resilience against the broader market weakness.
The key question is whether these coin-specific catalysts can continue to support ARB & ZEC while the broader crypto market remains under pressure.