Huo Xing Finance reports that on June 7, according to market data, the crypto market remains in a low-range consolidation. Bitcoin is currently trading at $60,785, and Ethereum at $1,566. The total crypto market cap saw a slight 0.6% rebound over the past 24 hours, reaching $2.176 trillion. BNB is trading at $574, SOL at $62.4, and HYPE at $57.2. ZEC is currently at $370, having previously dropped to $250 following the disclosure of an infinite minting vulnerability; it has since recovered approximately 48% from its recent low. Zcash plans to launch the Ironwood upgrade by the end of July, introducing a new privacy pool and enhancing the verifiability of total supply.
Crypto market consolidates at lower levels, ZEC rallies 48% from lows
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The crypto market remains in a consolidation phase at lower levels, with Bitcoin at $60,785 and Ethereum at $1,566. Market trends show a 0.6% increase over the past 24 hours, pushing the total market cap to $2.176 trillion. Zcash (ZEC) has surged 48% from a low of $250 to $370 following the disclosure of an inflation vulnerability. The ZEC team plans to deploy the Ironwood upgrade by late July, introducing a privacy pool and enhancing supply transparency.
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