In brief
- Zcash rose 8.5% in 24 hours to $1,215.85, the best performer among the largest tokens.
- Total crypto market cap climbed 1.68% to $2.78 trillion, while the Fear & Greed Index sits at a neutral 51.
- Oil near $110 a barrel and Treasury yields above 5% remain the main threat to the rebound.
Crypto markets bounced on Tuesday, and Zcash led the rebound. The privacy coin rose 8.5% in 24 hours to $1,215.85, lifting its market capitalization to $20.57 billion.
Bitcoin gained 1.57% to $83,195, and Ethereum climbed 2.90% to $2,463.35. Nearly every major crypto asset that isn’t a stablecoin finished the day higher.
The broader market followed. Total crypto market capitalization…
