Zcash Breaks Through as Bitcoin Stalls at Resistance

Bitcoin's price has been range-bound for months, stuck in a 'death cross' formation that suggests a bear trap may be forming.

The Federal Reserve's decision to keep interest rates steady at 3.5-3.75% has left investors waiting for further direction.

Meanwhile, Zcash has been making waves with its recent Ironwood upgrade, which addressed fears about AI vulnerabilities in the network.

The update sparked a classic 'sell-the-news' scenario, but buyers soon returned, driving the price of ZEC up 2.95% to $520.33.