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Daily top performer — Zcash (ZEC)
The S&P 500 slipped 0.28% from record highs as investors weighed AI momentum, rate cuts, and a prolonged government shutdown delaying key data. Gold steadied above $3,950 after dipping from record highs, supported by Fed rate cut bets and US government shutdown fears, though near-term momentum remains bearish below $4,000. The Coindesk Indices, which tracks the broader crypto market, fell 0.95% with Bitcoin and Ether down 2.00% and 3.66%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is ZEC, up 40.9% after Zcash’s integration with NEAR Intents drove monthly swap volumes to $800 million.