Crypto Market Plunges Amid Bearish Pressure: Bitcoin Below $64K
The crypto market is experiencing bearish pressure as it heads into the weekend. Bitcoin's price has dropped below $64,000 while Ethereum holds steady at around $1,800.
Among the top-ten coins, Solana is the biggest loser with a 2.2% drop to trade at $73.47. ZCash also sees selling pressure, down by 5.5% to trade at $478 after dropping below the psychological support of $500.
On the other hand, DeXe (DEXE) has recovered from its all-time lows with a 90% jump to trade at $88. This gain follows a massive crash on July 21 where DEXE moved from $41 to $2 amid a $6M transfer by project wallets.