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ZEC, Bitcoin & Crypto – European Wrap 7 April

ZEC, Bitcoin & Crypto – European Wrap 7 April

Zcash (ZEC) is up 4% at press time on Tuesday, attempting to break above a resistance trendline and reverse the prevailing five-month decline. A double-digit surge in ZEC futures Open Interest (OI) in the last 24 hours signals renewed retail strength for the privacy coin. 

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US-listed spot Bitcoin exchange-traded funds (ETFs) have renewed the pace of inflows, recording their largest daily flows in weeks.

Spot Bitcoin ETFs posted $471 million in inflows on Monday, the largest daily inflow since Feb. 25, when the funds attracted $507 million, according to SoSoValue.

The crypto market capitalisation has fallen by 0.6% over the past 24 hours to $2.35 trillion. The market continues to hover around its 50-day moving average, reflecting a fierce…

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