Zcash fell 5.2% over the past 24 hours to trade at $619, marking the steepest daily decline among major cryptocurrencies in the report. Even with that pullback, the token remained up 8.2% over seven days, leaving it with a positive weekly return despite the sharp move lower.
Privacy coins faced the heaviest pressure
Monero, another privacy-focused cryptocurrency, also moved down during the same period. It dropped 4% to $378. That made the privacy-coin segment one of the weaker parts of the market on a 24-hour basis. The selling was visible, but it was not enough to erase Zcash’s weekly advance.
HYPE slipped after briefly overtaking Dogecoin in market cap
HYPE, the native token tied to the Hyperliquid platform, briefly moved ahead of Dogecoin by market capitalization before the ranking changed again in Asian trading hours. The token later fell 4% to $59. Short-term weakness showed up fast. Its broader weekly performance still stood out.
Over the past seven days, HYPE gained 23.6%, making it one of the stronger performers among smaller altcoins covered in the piece. The source also described Hyperliquid as a decentralized finance exchange, with HYPE serving governance and prediction functions on the platform.
Bitcoin, Ether, and Solana remained stuck in tight ranges
Large-cap cryptocurrencies showed little movement. Bitcoin hovered near $76,500, Ethereum held around $2,087, and Solana traded at $83.97. Analysts cited in the report said these major coins were still trapped in a narrow and indecisive trading band.
Tron was the notable exception among the top-10 digital assets. It rose 2.6% in 24 hours to $0.3739, and its seven-day gain reached 4.8%.
Macro caution and geopolitical tension shaped market mood
The report linked the cautious tone in crypto to broader macro uncertainty. The United States Central Command announced defensive operations targeting missile sites in Iran and boats attempting to lay mines in the Strait of Hormuz. That development added to concern across financial markets over the risk of escalating geopolitical tension.
Traditional markets reflected the same unease. Brent crude climbed nearly 2% to $98 after a sharp 7% drop following Monday’s closure of the London and New York exchanges for holidays. The US dollar strengthened against all G-10 currencies, while gold slipped 0.6% to $4,545. Even with US markets closed, S&P 500 futures rose 0.6% on the day.
The picture was mixed across asset classes: major crypto names were flat, several altcoins saw sharper swings, and macro-driven caution remained visible in both digital assets and traditional markets.