Market caution spreads: Meme coins and DeFi sectors lead the decline, with ZEC down more than 15%
Svmuu News: As Wall Street grew cautious ahead of Friday’s jobs data and the Supreme Court’s ruling on tariffs, assets that had recently performed well—such as meme coins—took a harder hit than major cryptocurrencies, leading to a shift toward pessimism in the crypto market.with ETH, SOL, and DOGE falling between 2% and 6%, POL, CC, and WLFI down about 2%, and ZEC dropping more than 15%. Bitcoin Bitcoin fell below $90,000 during the Asian trading session, continuing its pullback from around $93,600. It has recently declined by nearly 2%, with short-term support near $89,200, which is the 50-day simple moving average. (CoinDesk)
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