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Sluggish Crypto Markets Struggle to Gain Momentum

Sluggish Crypto Markets Struggle to Gain Momentum

Bitcoin (CRYPTO:BTC) edged higher by 0.96% to $76,480.00 today while Ethereum (CRYPTO:ETH) added 0.59% to $2,265.76 and Solana (CRYPTO:SOL) inched up 0.11% to $83.12. Prices as of at 4.00 p.m. Eastern time.

Crypto market movers

Privacy coin Zcash (CRYPTO:ZEC) surged 9% on strong inflows into the Grayscale Zcash Trust (OTC:ZCSH). Dogecoin (CRYPTO:DOGE) gained again today. The memecoin’s price has increased 10% in the past month, in part due to speculation about the upcoming launch of Elon Musk’s X Money payment platform. In the past, Musk’s social media messages have propelled Dogecoin upwards.

What this means for investors

Top cryptocurrencies were little changed today as Bitcoin struggled to hold above…

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