BTC Steadies Near $78k as Zcash & Stellar Extend Gains Ahead of CLARITY Act Vote
Bitcoin has stabilized near $78,000 on Tuesday after a roughly 2% rebound from the previous session. Despite losses of more than 4% last week, BTC continues to trade above its key daily Exponential Moving Averages (EMAs) and is slightly above the 50% Fibonacci retracement level.
Zcash has led the charge with a 9% gain on Tuesday, while Stellar added another 2%. Zcash's sustained long-term uptrend remains intact due to its configuration above rising EMAs. However, short-term momentum indicators signal moderation in bullish strength for both assets.