Zcash dropped 6.2% in 24 hours before finding support exactly at the 0.236 Fib, now recovering toward the resistance it has failed to break four times in seven days.
According to data highlighted by a16z crypto, six major institutions project tokenized assets growing from $34B today to between $2T and $30T by 2030-2034 - the gap between forecasts tells the real story.
Bitcoin broke below $75,000 at the time of writing, currently trading at $74,937, down 2.5% on the day. The daily candle is printing its lowest close of the current correction with volume at 7.86K — not extreme but enough to confirm the move is real rather than a thin-market fake-out.
Zcash dropped 6.2% in 24 hours before finding support exactly at the 0.236 Fib, now recovering toward the resistance it has failed to break four times in seven days.
Cory Klippsten explains the specific mechanism behind institutional Bitcoin selling and why Wall Street's involvement created a new kind of volatility, not less of it.
Ondo Finance's ONDO token gained 50% in a week, reaching $0.40 with a market cap approaching $2 billion.
Bitcoin shorts swept, leverage flushed, realized profits positive for the first time since January, and 245K holders gone in five days, every condition that preceded the 2024 bull run appeared simultaneously this week.
XRP broke two confluent supports simultaneously on May 7 and derivatives participation near October 2024 lows confirms the move was not a leveraged selloff - it was buyers stepping away.
XRP's price is hovering around $1.44 as of March 21, up 3.15% on the week but still struggling to reclaim meaningful technical ground.
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