ZCash (ZEC) Falls Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Read: Market Watch.
Bitcoin fell below $73,000, marking a near three-month low, following higher-than-expected consumer price index numbers for October.
Zakash (ZEC) experienced a significant 13% drop, falling below $1,000 for the first time since early September, while other altcoins suffered losses.
The total market cap of cryptocurrencies fell by $40 billion, and now stands at $2.450 trillion, with Bitcoin's market dominance rising slightly to 60.5%.