Crypto Market Update: $ZEC Surges, Bitcoin Hits $79K Amid Hack Fallout
The crypto market has been on the move today, with several assets experiencing significant price changes. One of the top performers is $ZEC, which broke through the $1,200 barrier and overtook $HYPE and $DOGE to become the #9 cryptocurrency globally.
Meanwhile, $LINK saw a 10.2% surge in value after Circle launched its cirBTC token using Chainlink's Proof of Reserve. This move has helped boost investor confidence in the asset.
However, not all news is positive. Bitcoin experienced a decline to $79K following the Liquid Network hack, which resulted in $320M in withdrawals of 4,000 $BTC.