Crypto : +30% on Zcash, but this rally could turn into a bull trap

Zcash recorded one of the most violent moves of the day, but this jump of more than 20% to 30% looks more like a speculative surge under tension than a clean and sustainable reversal. The context helps, of course. The announcement of a two-week ceasefire between the United States and Iran triggered a broad relief rally on risk markets, with oil falling and a sharp return of risk appetite.

L’article Crypto : +30% on Zcash, but this rally could turn into a bull trap est apparu en premier sur Cointribune.